Kyle and Alyssa paid $1,000 and $2,000 in qualifying expenses for their two daughters Jane and Jill, respectively, to attend the University of California. Jane is a sophomore and Jill is a freshman. Kyle and Alyssa's AGI is $132,000 and they file a joint return. What is their allowable American opportunity tax credit after the credit phase-out based on AGI is taken into account? (Points : 1) $0. $2,000. $3,000. $3,700.