Me and Mrs. Kim, married filing jointly, own a principal residence and a vacation home. Each residence is subject to a mortgage that qualifles as acquisition debt and both mortgages were incurred before December 15, 2017 This year, the mortgage holders provided the following information Mortgage Interest Paid $ 40,500 23,600 Average Balance of Mortgage $951,800 347,500 Principal residence Vacation home Required: Assume the taxable year is 2021 Compute Mr and Mrs Kim's qualified residence interest. (Do not round Intermediate calculations Round your final answer to the nearest dollar amount.) Chuailed residence interest