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This year Natasha paid $60,000 of mortgage interest on her home. The house was purchased for $1,000,000 in 2018. In addition, Natasha paid investment interest

This year Natasha paid $60,000 of mortgage interest on her home. The house was purchased for $1,000,000 in 2018. In addition, Natasha paid investment interest of $7,000 on investment income of $15,000. What amount of interest expense is deductible on her current year tax return?

Multiple Choice

$45,000

$60,000

$67,000

$52,000

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