Patrick purchased a home on January 1, 2022, for $600,000 by making a down payment of $100,000 and financing the remaining $500,000 with a 30 year loan, secured by the residence, at 6 percent. During 2022, Patrick made interest-only payments on the Ioan of $30,000. On July 1. 2022, when his home was worth $600,000. Patrick borrowed an additional $75,000 secured by the home at an interest rate of 8 percent. He used the $75,000 loan proceeds to purchase a new car. During 2022 , he made interestonly payments on this loan in the amount of $3.000. What amount of the $33,000 interest expense that Patrick paid during 2022 may he deduct as an itemized deduction? Muliple Choice $0 $3,000 $30,000 $33,000