On July $1$ of the current year, Marcia purchases a new home and

borrows $$320,000.$ Marcia is required to pay two points on the loan. The

loan is secured by the residence and the charging of points is an established

business practice in the area. The term of the loan is $20$ years, beginning on

July $1$ of the current year. How much, if any, of the points may Marcia

deduct in the current year?

A$)$ $$0$

B$)$ $$160$

C$)$ $$3,200$

D$)$ $$6,400$