Van and Alanis Morrison have two children in college this year. They file their income tax return under the filing status of married filing jointly and will have adjusted gross income this year of $120,000. They have paid $9,000 for tuition for their daughter, Ginger, who is a freshrnan in college this year. They have also paid $500 for books and $700 for tuition for their son, Miles, who is in his junior year at the same college. The remaining $8,300 of Miles' tuition was paid from his 529 Savings Plan. What is the amount of American Opportunity Tax Credit that the Morrisons can claim on their tax return this year? $5,000 510,200 $9.700. 57700