Required information Problem 14-47 (LO 14-3) (Algo) [The following information applies to the questions displayed below] Lewis and Laurie are married and jointly own a home valued at $262,000. They recently paid off the mortgage on their home. The couple borrowed money from the local credit union in January of 2023 . How much interest may the couple deduct in each of the following alternative situations? (Assume they itemize deductions no matter the amount of interest.) Note: Leave no answer blank. Enter zero if applicable. roblem 14.47 Part b (Algo) The couple borrows $154,000, and the loan is secured by their home. The credit union calls the loan a "home equity loan." Lewis nd Laurie use the loan proceeds to add a room to their home. The couple pays $6,300 interest on the loan during the year, and the puple flies a joint return