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Margaret Lindley paid $ 1 5 , 1 5 0 of interest on her $ 3 0 1 , 5 0 0 acquisition debt for
Margaret Lindley paid $ of interest on her $ acquisition debt for her home fair market value of $ $ of interest on her $ homeequity debt used to buy a new boat and car, $ of credit card interest, and $ of margin interest for the purchase of stock. Assume that Margaret Lindley has $ of interest income this year and no investment expenses. How much of the interest expense may she deduct this year?
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$
$
$
$
None of the choices are correct.
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