Tim and martha paid $7,900 in qualified employment-related expenses for their three young children, who live with them in their household. martha received $1,800 of dependent care assistance from her employer, which was properly excluded from gross income. the couple had $57,000 of agi earned equally. use child and dependent care credit agi schedule. what amount of child and dependent care tax credit can they claim on their form 1040? how would your answer differ (if at all) if the couple had agi of $36,000 that was earned entirely by tim?

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.