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Miller owns a personal residence with a fair market value of $378,200 and an outstanding first mortgage of $302, 560 , which was used entirely

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Miller owns a personal residence with a fair market value of $378,200 and an outstanding first mortgage of $302, 560 , which was used entirely to acquire the residence. This year, Miller gets a home equity loan of $18,910 to purchase a new fishing boat. How much of this mortqage debt is treated as qualified residence indebtedness

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