just B,C,D

Javier and Anita Sanchez purchased a home on January 1 of year 1 for $1,000,000 by paying $200,000 down and borrowing the remaining $800,000 with a 6 percent loan secured by the home. The Sanchezes made interest-only payments on the loan in years 1 and 2 Note: Leave no answer blank. Enter zero if applicable. Required: a. Assuming year 1 is 2017, how much interest would the Sanchezes deduct in year 2 ? b. Assuming year 1 is 2022. how much interest would the Sanchezes deduct in year 2 ? c. Assume year 1 is 2022 and by the beginning of year 4 , the Sanchezes have paid down the principal amount of the loan to $500,000. In year 4 , they borrow an additionat $100,000 through a loan secured by the home in order to finish their basement. The new loan carries a 7 percent interest rate and is termed a "home equity loan" by the lender What amount of interest can the Sanchezes deduct on the $100,000 loan? d. Assume year 1 is 2022, and by the beginning of year 4 , the Sanchezes have paid down the principal amount of the loan to $500,000. In year 4 , they borrow an additional $100,000 through a loan secured by the home in order to purchase a new car. The new loan carties a 7 percent interest rate and is termed a "home equity loan" by the lender. What amount of interest can the Sanchezes deduct on the $100,000 loan? Complete this question by entering your answers in the tabs below. Assuming year 1 is 2022 , how much interest would the Sanchezes deduct in year 2