2011, Ellen purchased a house for $150,000 touse as her personal residence. She paid $30,000and borrowed $120,000 from the local savingsand loan company. In 2013 she paid $20,000 toadd a room to the house. In 2015 she paid $2,400to have the house painted and $1,200 for builtin bookshelves. As of January 1 of the currentyear, she has reduced the $120,000 mortgage to