In 2022, Yui, a single mother, redeems Series EE bonds and uses the total proceeds ($6,700 par value and $1,300 interest) to pay for her daughter’s college education. If Yui’s 2022 AGI is $75,000, how much of the proceeds from the redemption of the EE bonds can she exclude?

a. $0

b. $1,300

c. $6,700

d. $8,000