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The Smiths have four dependent children, ages 17, 15, 13, and 11. They pay their 17-year-old $3,200 during the year to watch her younger siblings

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The Smiths have four dependent children, ages 17, 15, 13, and 11. They pay their 17-year-old $3,200 during the year to watch her younger siblings after school. They pay their neighbor $5,900 during the year to watch the 13- and 11-year-old before school (\$2,950 each). Both Mr. and Mrs. Smith work, earning $46,000 each, and they have adjusted gross income of $98,000. How much is the Smiths' child and dependent care credit? Child and dependent care credit $

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