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The Crane family recognized the following types of investment income during 2019:(1) $1,500 qualified dividends, (2) $400 nonqualified dividends and (3) $3,000 long-term capital gains,

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The Crane family recognized the following types of investment income during 2019:(1) $1,500 qualified dividends, (2) $400 nonqualified dividends and (3) $3,000 long-term capital gains, and (4) $500 short-term capital gains and (5) $850 taxable interest and (6) $1,100 passive income. Additionally, the Crane family has $600 in investment expenses for the year. The Crane family paid $3,333 in investment interest expense during 2020. Calculate the deduction for investment interest expense for the Crane family in 2019 assuming they make no elections

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