Borrowing costs of $5,000 were paid on 1 January 2022 for a loan that was established to purchase a principal place of residence and a rental property of equal value. The term of the loan was for 6 years. Which of the following would be considered most accurate in relation to the amount of borrowing costs that would be considered deductible in the 2022 tax year? Select one: $5,000 $2,500 $500 $250