Question: Exercise 12-15 (Algorithmic) (LO. 4) In late 2017, Randy and Rachel Erwin paid $7,700 in legal fees, adoption fees, and other expenses directly related to

Exercise 12-15 (Algorithmic) (LO. 4) In late 2017, Randy and Rachel Erwin paid $7,700 in legal fees, adoption fees, and other expenses directly related to the adoption of an infant son, Jameson. The adoption becomes final in 2018, and the Erwins then pay an additional $8,855in adoption fees. Their 2018 AGI amounts to $196,550.

a. Randy and Rachel are eligible for a $ 13,810 adoption credit in 2018.

b. Assume the same facts but the taxpayer's AGI for 2018 is $220,800. Round any division to three decimal places and round your final answer to the nearest dollar. Randy and Rachel are eligible for a $_______adoption credit in 2018.

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