Devon Has Owned a Home for Eight Years

Multiple Choice

Devon has owned a home for eight years.It was purchased for $289000 .She has a first mortgage of $156 500,a car lease with a buyout amount of $12 000,and credit card debt of $1989.How much of a home equity loan can be applied for if the house was recently appraised at $331000 ?

A) $96 300.
B) $108 300.
C) $139 600.
D) $74 700.