Question: During the current year Joubert paid $ 1 5 , 0 0 0 of Interest on her $ 3 0 0 , 0 0 0

During the current year Joubert paid $15,000 of Interest on her $300,000 Acquisition Debt (Mortgage) for her principal home (Fair Market Value of $500,000), $4,000 of Interest on her $60,000 Home-Equity Loan which the proceeds were used to buy a new boat and car, $1,000 of Credit Card Interest and $3,000 of Margin Interest for the purchase of stock. Joubert has $10,000 of Interest Income for the current year. Joubert may deduct Interest Expense for the current year of:Group of answer choices$19,000.$22,000.$23,000.$18,000.

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