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1 0 . Margaret Lindley paid $ 1 5 , 0 0 0 of interest on her $ 3 0 0 , 0 0 0
Margaret Lindley paid $ of interest on her $ acquisition debt for her home fair market value of $ $ of interest on her $ homeequity loan, $ of credit card interest, and $ of margin interest for the purchase of stock. Assume that Margaret Lindley has $ of interest income this year and no investment expenses. How much of the interest expense may she deduct this year? A $ B $ C $ D $ E None of these
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