Question: Exercise 1 2 - 1 7 ( Algorithmic ) ( LO . 4 ) In 2 0 2 4 , Henri, a U . S

Exercise 12-17(Algorithmic)(LO.4) In 2024, Henri, a U.S. citizen and calendar year taxpayer, reports \$24,600 of income from France, which imposes a \(10\%\) income tax, and \(\$ 42,300\) from Italy, which imposes a \(40\%\) tax. In addition, Henri reports taxable income of \(\$ 90,000\) from within the United States. Henri is married filing a joint return, and his U.S. tax before the foreign tax credit is \(\$ 26,673\). Do not round your intermediate computations. Round your final answer to the nearest dollar. Determine the amount of Henri's foreign tax credit. \$
Exercise 1 2 - 1 7 ( Algorithmic ) ( LO . 4 ) In

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