Mr. and Mrs. Ryan Bowling have three small children. During the current tax year, they had to pay cash of $7,000 so that these children would be cared for allowing the parents to be employed. They had adjusted gross income of $56,000. What is the amount that they can claim as a child care credit on their joint tax return?
A) $1,200
B) $1,400
C) $2,100
D) $2,450