Meg and James Rashev were both employed full-time during the year. The Rashevs have four children: Joanne (age 17), Susie (age 14), and Sarah and Kelly (4-year-old twins). The Rashevs employed a nanny to look after their children and paid her $15,000 for the year. In addition, during July, Susie went to overnight camp for two weeks at a cost of $250 per week. The Rashevs' family income is summarized below: Meg James Salary & taxable benefits $46,000 Employment expenses [sec. 8] (2,800) Business income: Revenue $50,000 Expenses (32,000) Interest income 800 1,500 What is the maximum child care deduction that can be claimed by the Rashevs in the year and who can claim it?

Please, show all your calculations