Problem 12-37 (LO. 4) Paul and Karen are married, and both are employed (Paul earned $44,000 and Karen earned $9,000 this year). Paul and Karen have two dependent children, both under the age of 13. Paul and Karen pay $3,800 to various unrelated parties to care for their children. Click to view Exhibit 12-3, Computing the Child Credit and Dependent Care Credit based on Adjusted Gross Income. Assuming that Paul and Karen file a joint return, their tax credit for child and dependent care expenses for the year is $.