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PLEASE SHOW ME THE MATH BEHIND FINDING THE ANSWER 2. Rex and Dena are married...

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Accounting

PLEASE SHOW ME THE MATH BEHIND FINDING THE ANSWER

2. Rex and Dena are married and have two children, Michelle (age 7) and Nancy (age 5). During 2016,

Rex earned a salary of $24,500, received interest income of $300, and filed a joint income tax return

with Dena. Dena had $0 gross income. Their earned income credit for the year is:

a. $0.

b. $5,222.

c. $5,412.

d. $5,572.

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