Nancy was enrolled as a full$-$time student for the entire year and had no earned income. She is single and has two qualifying children for the Child and Dependent Care Credit. For the purpose of calculating this credit, what amount of earned income per month is she deemed to have?

$$250$

$$375$

$$500$

$$1,000$

The parent with whom the child spent the fewer number of nights and the parent that had the higher AGI concurrently during the year takes precedence.

The parent with whom the child spent the greater number of nights during the year takes precedence.

The parent with whom the child spent the greater number of nights and the parent that had the lower AGI concurrently during the year takes precedence.

If the child spent the same amount of time with each parent, the parent with the lowest adjusted gross income takes precedence.