Cam purchased a home in Martha's Vineyard on January $1,2023,$ for $$756,000$ by paying $$252,000$ down and borrowing the remaining $$504,000$ with a $7$ percent loan secured by the home. The loan requires interest$-$only payments for the first five years. Cam would itemize deductions even if she did not have any deductible interest. Her marginal tax rate is $32$ percent.

What is the amount of interest expense Cam may deduct in year $2$ assuming year $1$ is $2018?$