Patricia purchased a home on January 1, 2017 for $1,260,000 by making a down payment of $100,000 and financing the remaining $1,160,000 with a 30-year loan, secured by the residence, at 6 percent. During year 2017 and 2018, Patricia made interest-only payments on the loan of $69,600. What amount of the $69,600 interest expense Patricia paid during 2018 may she deduct as an itemized deduction? (Assume not married filing separately.)

A, $0.

B, $9,600.

C, $60,000.

F, $69,600.