Required information [The following information applies to the questions displayed below] This year Randy paid $29,200 of interest on his residence. (Randy borrowed $466,000 to buy his residence, which is currently worth $516,000.) Randy also paid $2,900 of interest on his car loan and $4,800 of margin interest to his stockbroker (investment interest expense). How much of this interest expense can Randy deduct as an itemized deduction under the following circumstances? a. Randy recelved $2,520 of interest this year and no other investment income or expenses. His AGI is $75.000 b. Randy had no investment income this year, and his AGI is $75,000