11. Mary bought a beautiful house on January 1, 2019 for $1,250,000. She put $250,000 down and obtained a 30-year $1,000,000 mortgage at the annual rate of 4%. The terms of the mortgage call for interest only for the first 5 years of the mortgage term. Interest paid in 2020 was $50,000. Mary also paid $8,000 interest on her personal credit card debt. Compute the total amount of interest Mary can include as an intermixed deduction in 2020. a. $30,000 b. $40,000 c. $38,000 d. $48,000 12. Assume the same facts as Question 11 except that Mary purchased the house on January 1, 2017. Compute the total amount of interest Mary can include as an interest deduction in 2020 for her primary residence. a. $30,000 b. $40,000 c. $38,000 d. $48,000 3