When a cash surplus exists on your income and expense statement, you can use it to Question 91 options: acquire assets. pay off existing debts. increase your savings. increase your investments. do any of the above. Question 92 (1 point) Brenda is in the 28% marginal tax bracket and has no other itemized deductions except those related to her home. If her standard deduction is $6,300 and she incurs the following costs related to housing, how much tax savings will she receive as a result of her home purchase? Mortgage interest $13,000 Principal repayment 800 Homeowner's insurance 1,000 Real estate taxes 4,000 Homeowner's association fees 1,200 Question 92 options: $17,000 $10,700 $4,760 $2,996 none Question 93 (1 point) Leon has a home valued at $216,000 and an outstanding mortgage of $140,000. If his lender is willing to provide a home equity loan of up to 80% of market value, how much could Leon borrow using a home equity loan? Question 93 options: $172,800 $160,000 $76,000 $60,800 $32,800 Question 94 (1 point) The average graduating college senior leaves school with about _______ in debt. Question 94 options: $12,800 $18,400 $26,300 $30,000 $50,000