Required information 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 $2,075 in investment expenses. They also incur $3.125 of investment interest expense during the year. The Porters' income for the year consists of $151,500 in salary and $2,605 of interest income. Problem 7.56 Part-a (Algo) a. What is the amount of the Porters' investment interest expense deduction for the year