Problem 7-56 (LO 7-3) (Algo) [The following information applies to the questions displayed below.] Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,600 in investment expenses. They also incur $4,000 of investment interest expense during the year. The Porters' income for the year consists of $162,000 in salary and $3,340 of interest income. Problem 7-56 Part-a (Algo) a. What is the amount of the Porters' investment interest expense deduction for the year? b. What would their investment interest expense deduction be if they also had a ($2,280) long-term capital loss? Investment interest expense deduction