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Exercise 12-15 (Algorithmic) (LO. 4) In 2021, Ivanna, who has three children under age 13, worked full-time while her spouse, Sergio, was attending college for

Exercise 12-15 (Algorithmic) (LO. 4)

In 2021, Ivanna, who has three children under age 13, worked full-time while her spouse, Sergio, was attending college for nine months during the year. Ivanna earned $77,700 and incurred $10,625 of child care expenses.

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Determine amount of Ivanna and Sergio's child and dependent care credit.

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