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Nick has the following college expenses relating to his sophomore year in college: Tuition - $ 3 , 0 0 0 Books - $ 5

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?

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