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Lee and Whitney incurred qualified adoption expenses in 2015 of $2,000,and then incurred $7,000 more in 2016 when the adoption of their child became final.Their 2015 AGI was $120,000 and their 2016 AGI was $140,000.The allowable adoption credit is
Buyers
Individuals or entities that purchase goods or services.
Income
The total amount of money or value received by an individual or entity, typically over a specific period, from various sources such as wages, investments, or sales.
Decrease in Demand
A reduction in consumers' willingness or ability to buy a product at any given price.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a specific price level in a given period.
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