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Part Two: Problem Solving Questions (40 points) 1. Bradley has two college-age children, Clint, a freshman at State University, and Abigail, a junior at Northwest

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Part Two: Problem Solving Questions (40 points) 1. Bradley has two college-age children, Clint, a freshman at State University, and Abigail, a junior at Northwest University. Both Clint and Abigail are full-time students. Clint's expenses during the 2018 fall semester are as follows: $2.800 tuition, $350 books and course materials and $2,600 room and board. Abigail's expenses for the 2018 calendar year are as tuition, $400 books and course materials, and $3,000 room and board. room and board costs are paid at the beginning of each semester Bradley is married, files a joint tax return, claims both children as dependents, and 'epons combined AGI with his wife Allie of $164,000 for 2018. Please determine the type points) and amount of tax credit for the educational expenses of this family. (3 2. Bob and Sally are married, file a joint tax return, report AGI of $115,000, and have two children (ages3 and 6). Bob also spent $3,000 on professional education seminars during the year in order to maintain his license as a practicing dentist. Bob attended the seminars during July and August 2018. Compute the available education tax credits for Bob and Sally for 2018. (3 points)

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