Patricia purchased a home on January 1, 2017, for $1,290,000 by making a down payment of $100,000 and financing the remaining $1,190,000 with a loan, secured by the residence, at 6 percent. From 2017 through 2020, Patricia made interest-only payments on the loan each year in the amount of $71,400. What amount of the $71,400 interest expense that Patricia paid during 2020 may she deduct as an itemized deduction? (Assume not married filing separately.) Multiple Choice O so. O $11,400. O $60,000.