Jim needed to pay $7,850 in qualified education expenses for his son Tim in 2020. Jim files ajoint return and together with his spouse they show an AGI of $70,000 in 2020. What amount, if any, may Jim deduct and how much is the credit? a. American Opportunity Tax Credit in the amount of $2,500. b. American Opportunity Tax Credit in the amount of $2,780. c. Lifetime Learning Credit in the amount of $2,000. d. Jim in not eligible to claim an education credit, because he was not the student