Tam attended Brown University during 2016-2020. She lived at home and was claimed by her parents as a dependent during her entire education. She incurred education expenses of $14,000 during college, of which $3,640 was pold for by scholarships. To finance her education, she borrowed $9,000 through a federal student loan program and borrowed another $5,000 from a local lending Institution for educational purposes. After graduation, she married and moved with her spouse to a distant city. In 2021. she incurred $900 of Interest on the federal loans and $500 on the lending Institution loan She filed a joint return with her spouse showing modified AGI of $112,000. Required: What amount of student loan interest can Tam and her spouse deduct in 2021. If any? Tam allowed deduction