D Made the Following Payments During 2012: Interest on Revolving $\quad$

D made the following payments during 2012: Interest on revolving charge accounts $\quad$$\$ 400$
Interest on original $\$ 140$ , 000 home mortgage $\quad$ 6,800
Interest on bank loan (proceeds of loan
were used to purchase state of New York
tax-exempted bonds) $\quad$ 3,100
Interest on credit union loan (proceeds
of loan were used for a family
vacation) $\quad 1,600$ How much of the above amounts may D deduct as an itemized deduction for interest expense on his Federal income tax return?

A) $6,800
B) $7,200
C) $8,800
D) $9,900
E) $11,900