Ringo, who is single and self$-$employed, paid the following interest during the year:

Interest on a loan taken out to expand Ringo$$s business as dog groomer $$1,000$

Interest on Ringo$$s personal credit card debt $400$

Interest paid on a loan from Ringo$$s broker that Ringo used to acquire stock in General Electric. Ringo has over $$2,000$ in investment income for the year. $250$

Interest paid on Ringo$$s home mortgage $($balance of $$200,000).$ The loan was taken out several years ago to buy Ringo$$s principal residence. $6,000$

Interest on a loan taken out to buy a car used for personal purposes $300$

Interest paid on a second mortgage on Ringo$$s home. The loan amount is $$150,000.$ Ringo had $$300,000$ in equity in the home at the time he took the loan out. Ringo used $$40,000$ of the proceeds to convert the garage in his principal residence into a game room. He used the remainder on personal travel expenses. $7,500$

Interest paid on a first mortgage on Ringo$$s second home$$a condo in Sun Valley. The loan balance is $$100,000$ and Ringo used the proceeds to acquire the condo. $4,000$

If Ringo itemizes, how much interest can Ringo deduct on his Form $1040($whether on Sch$.$ A or otherwise$)?$

A$.$ $$0$

B$.$ $$6,000$

C$.$ $$10,000$

D$.12,000$

E$.12,250$

F$.$ $$13,250$

$$19,450$