During 2019, Cary and Bill incurred acquisition debt on their residence of $1,300,000. They also borrowed $200,000 on a home equity line to pay college tuitions for their children. On a joint tax return, what is the amount of their qualified acquisition debt? a.$1,500,000

b.$750,000

c.$1,000,000

d.$1,300,000

e.None of these choices are correct.