Required information Problem 14-46 (LO 14-3) (Static) The following information applos to the questions displayod bolow] 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 o 6 percent loan socured by the homo. The Sanchezes made interest-only payments on the loan in years 1 and 2 Note: Leave no answer blank. Enter zero if opplicable. Problem 14-46 Part d (Static) d. Assume year 1 is 2023 , and by the beginning of year 4 , the Sanchezes have paid down the principal amount of the loan to $500,000 in year 4 , they borrow an additional $100.000 through a loan secured by the home in order to purchase a new car. The new foan carries a 7 percent interest rate and is termed a "home equity loan" by the lender. What amount of interest can the Sanchezes deduct on the \$100.000 loan