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Taxpayer L has income of $55,000 from Norway, which imposes a 40 percent income tax, and income of $45,000 from France, which imposes a 30 percent income tax. L has additional taxable income from U.S. sources of $200,000 and U.S. tax liability before credits of $105,000. What is the amount of the foreign tax credit? Do not round any division in your computations. If required, round your answer to the nearest dollar.

a.$35,500

b.$16,500

c.$35,000

d.$45,000

e.$100,000

Russ and Linda are married and file a joint tax return claiming their three children, ages 4, 7, and 18, as dependents. Their adjusted gross income for 2018 is $105,300. What is Russ and Linda's total child and other dependent credit for 2018?

a.$4,000

b.$500

c.$4,500

d.$2,000

e.None of these are correct.

Joan, a single mother, has AGI of $81,500 in 2018. In September 2018, she pays $5,000 in qualified tuition for her dependent son who just started at Big University. What is Joan's American Opportunity credit for 2018? Do not round any division in your computations.

a.$2,500

b.$0

c.$2,125

d.$1,250

e.None of these choices are correct.

John and Joan pay $16,500 of qualified adoption expenses in 2018 to finalize the adoption of a qualified child. Their AGI is $197,000 for 2018. What is their adoption credit for 2018?

a.$13,460

b.$0

c.$13,810

d.$16,500

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