Burton and Kay Are Married, File a Joint Return with an AGI

Essay

Burton and Kay are married, file a joint return with an AGI of $115,000, and have one dependent child, Tyler, who is a full-time student in a Master of Accountancy program. The following expenses relate to his costs of attendance in 2016:
$$\begin{array} { l l } \text { Tuition and academic fees } & \$ 20,000 \\\text { Textbooks } & \$ 1,500 \\\text { Room and board } & \$ 11,000\end{array}$$ The tuition noted above is the gross amount charged before reduction for his $5,000 tuition scholarship. What is the maximum education credit allowed to Burton and Kay?