Takesha Paid $13,000 of Investment Interest Expense in a Year

Multiple Choice

Takesha paid $13,000 of investment interest expense in a year in which she earned $4,500 in dividends,$5,400 in interest income,and had a short-term capital gain of $1,000 and a long-term capital gain of $2,200.The capital gains resulted from the sale of stock held as an investment.She has no other investment-related expenses.What is her maximum deduction for investment interest expense,assuming Takesha does not make any elections?

A) $5,400
B) $6,400
C) $13,100
D) $13,000