13 Required information Problem 6-63 (LO 6-3) (Static) (The following information applies to the questions displayed below.) Part 2 of 3 0/10 points awarded Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $24,000 from County Bank and paid interest of $1,440. Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for higher education expenses and interest on higher-education loans under the following circumstances: (Leave no answer blank. Enter zero if applicable.) Scored Problem 6-63 Part-b (Static) b. Lionel's AGI before deducting interest on higher education loans is $79,000. $ Higher education expenses Interest deduction 79,000 x 1,278 X $