Mary Lou Is a 22-Year Old Student at Wilson College

Mary Lou is a 22-year old student at Wilson College. She earned $4,300 at a summer job, which is less than half of her support. I. Mary Lou can claim a personal exemption for herself even if her parents claim her as a dependent. II. Because Mary Lou is a full-time college student, and she provides less than half of her own support, her parents must claim her as a dependent on their return.

A) Only statement I is correct.
B) Only statement II is correct.
C) Both statements are correct.
D) Neither statement is correct.