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Exercise 12-21 (Algorithmic) (LO. 4) Paola and Isidora are married; file a joint tax return; report modified AGI of $121,115; and have one dependent child,

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Exercise 12-21 (Algorithmic) (LO. 4) Paola and Isidora are married; file a joint tax return; report modified AGI of $121,115; and have one dependent child, Dante. The couple paid $6,345 of tuition and $3,165 for room and board for Dante (a freshman). Dante is a fulltime student and claimed as a dependent by Paola and Isidora. Determine the amount of the American Opportunity credit for 2023

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