Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,075 in investment expenses. They also incur $3,125 of investment interest expense during the year. The Porters income for the year consists of $151,500 in salary and $2,605 of interest income.

a. What is the amount of the Porters investment interest expense deduction for the year?

investment interest expense deduction: