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Exercise 1 2 - 2 1 ( Algorithmic ) ( L 0 . 4 ) Paola and Isidora are married; file a joint tax return;

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Exercise 12-21(Algorithmic)(L0.4)
Paola and Isidora are married; file a joint tax return; report modified AGI of $130,700; and have one dependent child, Dante. The couple
paid $6,000 of tuition and $11,415 for room and board for Dante (a freshman). Dante is a full-time student and claimed as a dependent by
Paola and Isidora.
Determine the amount of the American Opportunity credit for 2023.
$
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