Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowed $35,000 from County Bank and paid interest of $2,100. Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for higher education expenses and interest on higher-education loans under the following circumstances: b. Lionel's AGI before deducting interest on higher-education loans is $79,000.

1. what is the higher education expense?

2. what is the interest deduction?