Alan is a 23-year old student at Upper State College. He earned $4,200 at a summer job.

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Alan is a 23-year old student at Upper State College. He earned $4,200 at a summer job.
I. Because he earns over $3,950 his parents cannot claim him as a dependent on their return.
II. Alan cannot claim a personal exemption for himself if his parents can claim him as a dependent.
a. Only statement I is correct.
b. Only statement II is correct.
c. Both statements are correct.
d. Neither statement is correct.