As one moves up to each higher level of managerial responsibility, a. fewer costs are controllable b. the responsibility for cost incurrence diminishes c. a greater number of costs are controllable d. performance evaluation becomes less important e. none of the above

Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?