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Dermot and Melinda are married, file a joint tax return, have AGI of $125,000, and have two children. Mariah is beginning her freshman year at Eastern University during Fall 2013, and Susie is beginning her senior year at Western University during Fall 2013 after having completed her junior year during the spring of that year. Both Mariah and Susie are claimed as dependents on their parents' tax return. Mariah's qualifying tuition expenses and fees total $4,500 for the fall semester, while Susie's qualifying tuition expenses and fees total $9,250 for each semester during 2013. Full payment is made for the tuition and related expenses for both children during each semester. What amount of education tax credit should be taken for these higher education costs?

a. $-0-.

b. $2,750.

c. $4,350.

d. $5,000.

e. None of the choices.

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