Victor and Carly have two dependent children, ages 3 and 8. Victor earned $44,500 in 2019. They had no other income. Carly did not work, but was a full-time student for seven months of the year. They paid a total of $4,500 in qualifying childcare expenses during the tax year. What is the correct amount of their Child and Dependent Care Credit?

$700

$900

$3,500

$4,500