TB MC Qu. 14.62 (Algo) Jessica purchased a home on Januory 1... Jessica purchased a home on January 1, 2022, for $720000 by making a down payment of $200000 and firiancing the iemaining $430, 000 with a foan, secured by the rekidence, at 4, 2022, When her home was worth $720000. Jestica barrowed an additiona 5180.000 secured by the home at an interest rate of 8 percent During 2022 , she made interest-only pay loan in the amount of \$14,400. What is the maximam amount of the $40,200 interent expense Jestaca poid during 2023 that che may deduct as an itemared deduction if ahe used the A separately.) Mulsple Chaice $00.200 3.835 Sit 400 (3+,400 50 he remainang 5430.000 with a loan, secured by the residence, at 6 percent. During 2022 and 2022 , Jessica made intereit only paymecits on this loan of 525.800 (each year. On July, serest rate of 8 percent During 2022. she mabe imterest only poyments on the second loan in the amount of 57200 . During 2023 , she made interest only paments on the second that she may deduct as an demized deduction if she whed the proceedt of the second loan to finish the basement in her home and landscape her yard? (Assume not married hing