Bob and Sally are married, file a joint tax return, report AGI of $123,000, and have two children. Del is beginning her freshman year at State College during fall 2023, and Owen is beginning his senior year at Southwest University during fall 2023. Owen completed his junior year during the spring semester of 2022 (i.e., he took a "gap year" for the 2022-2023 school year). Both Del and Owen qualify as dependents of their parents. For the fall 2023 semester, Del's qualifying tuition expenses and fees total \$5,000 and Owen's qualifying tuition expenses were $6,100. Del's room and board costs were $3,200 for the fall 2023 semester. Owen did not incur room and board costs; he lived with his aunt and uncle during the year. Full payment is made for the tuition and related expenses for both children at the beginning of each semester. In addition to the children's college expenses, Bob also spent $3,000 on professional education scminars during the year to maintain his feense as a practicing dentist. Bob attended the seminars during July and August 2023. Compute the available education tax credits for Bob and Sally for 2023. $2,500 $3,100 $5,000 $5,600 Bob and Sally are married, file a joint tax return, report AGI of $123,000, and have two children. Del is beginning her freshman year at State College during fall 2023, and Owen is beginning his senior year at Southwest University during fall 2023. Owen completed his junior year during the spring semester of 2022 (i.e., he took a "gap year" for the 2022-2023 school year). Both Del and Owen qualify as dependents of their parents. For the fall 2023 semester, Del's qualifying tuition expenses and fees total \$5,000 and Owen's qualifying tuition expenses were $6,100. Del's room and board costs were $3,200 for the fall 2023 semester. Owen did not incur room and board costs; he lived with his aunt and uncle during the year. Full payment is made for the tuition and related expenses for both children at the beginning of each semester. In addition to the children's college expenses, Bob also spent $3,000 on professional education scminars during the year to maintain his feense as a practicing dentist. Bob attended the seminars during July and August 2023. Compute the available education tax credits for Bob and Sally for 2023. $2,500 $3,100 $5,000 $5,600