Required information

Problem $6-34($LO $6-1)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel

borrowed $$26,000$ from County Bank and paid interest of $$1,560.$ Lionel used the loan proceeds to pay his law school

tuition. Calculate the amounts Lionel can deduct for interest on higher$-$education loans under the following circumstances:

Note: Leave no answer blank. Enter zero if applicable.

Problem $6-34$ Part$-$b $($Algo$)$

b$.$ Lionel's AGI before deducting interest on higher$-$education loans is $$84,000.$