Question $20$

$5$ pts

This year, Carol, a single taxpayer, purchased a vacatice boese for $$400,000$ uning a home equity loan of $$350,000$ on her principal residence. She has no other debt ee her principal residence. Carol puid $$16,000$ of interest co the debt this year. How musi of titis inlerest is dedoctible assuming that Carol itemires her deductions?

$$0$

$516000$

$$125,000$

$$10,000$