ed, who is single, owns a personal residence in the city. He also owns a condo near the ocean. He uses the condo as a vacation home. In March, he borrowed $50,000 on a home equity loan and used the proceeds to acquire a luxury automobile. During the year, he paid the following amounts of interest. On his personal residence $15,500 On his condo 6,200 On the home equity loan 4,800 On credit card obligations 1,700 What amount, if any, must Ted recognize as an AMT adjustment in 2018? a. $0 b. $4,800 c. $6,200 d. $11,000