The Affordable Care Act $($LO $7\mathrm{.}4)$

Susan and Stan Collins live in Iowa, are married and have two children ages $6$ and $10.$ In $2023,$ Susan's income is $$43,120$ and Stan's is $$17,430$ and both are self$-$employed. They also have $$500$ in interest income from tax$-$exempt bonds. The Collinses enrolled in health insurance for all of $2023$ through their state exchange but did not elect to have the credit paid in advance. The $2023$ Form $1095-$A that the Collinses received from the exchange lists the following information:

Annual premiums $$9,800$

Annual premium for the designated benchmark plan in the state $$10,800$

Compute the Collinses' premium tax credit for $2023.$

Click here to access the $2023$ FPL table $.$

Click here to access the $2023$ Applicable Figure Table $.$

Round any division to two decimal places before converting to a percent. If required, round your final answer to the nearest dollar.

$fill in the blank $1$