Required information The following information applies to the questions displayed below This year, Randy paid $29,500 of interest on his residence. (Randy borrowed $630,000 to buy his residence, which is currently worth $700,000) Randy also paid $3,000 of interest on his car loan and $4,950 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? o. Randy received $2.600 of interest this year and no other investment income or expenses. His AGI is $75,000 Pre 9of t0 Next>