3. Paul files a joint federal income tax return with his wife. Together they have AGI of $174.500 and two children, Tom and Katie. Tom finished high school in 2015, and immediately began a full time job. In the fall of 2020, she quit her job to begin her first year of college education at the University of Utah. Katie graduated from high school in 2018. In 2020, she attended her third year of college at Arizona State University. Both Tom and Katie are claimed as dependents on their parents' tax return. Tom's qualified tuition expenses and fees total $12,000 for the fall semester of 2020, while Katie's qualifying tuition expenses and fees total $8,200 for both semesters combined during 2020. Full payment is made for the tuition and related expenses for both children during each semester. The American Opportunity Credit available to Paul and his wife for 2020 is