Use the following information to answer items 1-4.
The First family had the following (all tuition and fees) educational expenses. Their income is below applicable AGI limits.
Cain (f/t freshman at Eden A&M) = $4,000
Abel (f/t sophomore at Euphrates Livestock Tech.) = $4,000
Eve (p/t Eden Law College student) = $5,000
Seth (f/t senior at Tigris State) = $2,000
1. Who can claim American Opportunity Credits?
2. What is the total amount of the American Opportunity Credits the First family can claim?
3. Can Eve claim a Lifetime Learning Credit? How much?
4. If Cain used money from his Coverdell ESA to pay the $4,000, how does this affect his situation?