Required information Problem 14-46 (LO 14-3) (Static) The following information applies to the questions displayed below] Javier-and Anita Sanchez purchased a home on January 1 of year 1 for $1,000,000 by paying $200,000 down and borrowing the remaining $800,000 with a 6 percent loan secured by the home. The Sanchezes made interest-only payments on the loan in years 1 and 2 Note: Leave no answer blank. Enter zero if applicable. Problem 14-46 Part b (Static) b. Assuming year 1 is 2023 , how much interest would the Sanchezes deduct in year 2