Item9 3.12 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 9 Tyrone and Akira, who are married, incurred and paid the following amounts of interest during 2020: Home acquisition debt interest $ 15,000 Credit card interest 5,000 Home equity loan interest (used for home improvement) 6,500 Investment interest expense 10,000 Mortgage insurance premiums (PMI) 1,000 Required: With 2020 net investment income of $2,000, calculate the amount of their allowable deduction for investment interest expense and their total deduction for allowable interest. Home acquisition principal, and the home equity loan principal combined are less than $750,000.