Problem 13-40 (LO. 4, 8) Jenna, a longtime client of yours, is employed as an architect and is president of the local Rotary chapter. To keep up to date with developments in her profession, she attends continuing education seminars offered by the architecture school at State University. During 2021, Jenna spends $2,000 on course tuition to attend these seminars. She spends another $400 on architecture books during the year. Jenna's daughter, Caitlin, is a senior majoring in engineering at the University of the Midwest. During the 2021 calendar year, Caitlin incurs the following expenses: $8,200 for tuition ($4,100 per semester) and $750 for books and course materials. Caitlin, who Jenna claims as a dependent, lives at home while attending school full-time. Jenna is married, files a joint return, and has a combined AGI with her spouse of $121,000. a. (1) Classify each of the following costs as "Eligible" or "Not Eligible" for an education tax credit through the American Opportunity credit or the lifetime learning credit. Eligible / Not Eligible $2,000 for course tuition to attend seminars Eligible $400 for architecture books Not Eligible $8,200 for daughter's tuition Eligible $750 for daughter's books and course materials Eligible a. (2) Jenna's American Opportunity credit is $ 2,000 X , and her lifetime learning credit is $ 2,500 X. 1 Feedback Check My Work Incorrect b Calculate the couple's education tax credits if combined AGI was $162,000. 2,500 X