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Nick has the following college expenses relating to his sophomore year in college: Tuition - $3,000 Books - $500 Classroom supplies - $500 Nick paid

Nick has the following college expenses relating to his sophomore year in college: Tuition - $3,000 Books - $500 Classroom supplies - $500 Nick paid for the books and supplies, while his parents paid for the tuition. How much American Opportunities credit can be claimed by his parents who have an AGI of $50,000 for the year and claim Nick as a dependent? Group of answer choices $2,000 $0 $2,250 $2,500

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