Ted, 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 condo6,200 On the home equity loan4,800 On credit card obligations1,700 What amount, if any, must Ted recognize as an AMT adjustment for the year