28.Janet and James purchased their personal residence 15 years ago for $275,000. For the current year, they have an $68,750 first mortgage on their home, on which they paid $3,438 in interest. They also have a home equity loan to pay for the children's college tuition secured by their home with a balance throughout the year of $138,000. They paid interest on the home equity loan of $13,800 for the year. Calculate the amount of their deduction for interest paid on qualified residence acquisition debt and qualified home equity debt for the current year.

a.	Qualified residence acquisition debt interest
b.	Qualified home equity debt interest