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Required Information The following information applies to the questions displayed belowJ Lionel is an unmarried law student at State University Law School, a qualified educational

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Required Information The following information applies to the questions displayed belowJ Lionel is an unmarried law student at State University Law School, a qualified educational institution This year Lone! borrowed $24,000 from County Bank and paid interest of $1,440. Lionel used the loan proceeds to pay his law school tuition. Calculate the amounts Lionel can deduct for interest on higher-education ioans under the following circumstances: Note: Leave no answer blank, Enter zero If applicable. a. Lionel's AGl before deducting interest on higher-education loans is $50.000

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