PROBLEM #2 In 2020, Tom and Mary, married filing jointly, paid $1,000 and $4,000 in qualifying expenses for their two daughters Brenda and Brielle, respectively, to attend the Rutgers University. Brenda is a junior and Jill is a Sophomore. Tom and Mary's AGI is $105,000 and they file a joint return. What is their allowable American opportunity tax credit after the credit phase-out based on AGI is taken into account?