Betty and Barney are both enrolled at the university. Betty, a part-time student, spent $3,500 in tuition and fees while Barney, a full-time graduate student, spent $12,000 on tuition and fees. Neither spouse is eligible for the American Opportunity Credit. How much of the Lifetime Learning Credit will they be able to use on their tax return if they use the married filing jointly status? $2,700 $2,000 $3,100 $4,000 QUESTION 15 Naomi is currently attending WKU as a sophomore. Her tuition and course fees for the current year are $10,000. She is receiving scholarships for tuition in the amount of $7,000. What will be the amount of the American Opportunity Credit that Naomi or her parents will be eligible to take this year? $2,500 $3,000 $2,000 $2,250