b$.$ During the year, Joyce is offered a new job that has greater future potential than her current job. If she accepts the job offer, her earnings for the year will be $$40,400$; however, she is afraid she will not qualify for the earned income credit. Determine the increase or decrease in Joyce's net cash flow if she accepts the new job. Since the child tax credit will be the same under either scenario, you can ignore it for purposes of this analysis. Use the Tax Rate Schedule when computing her income tax.

Tax calculation:

Salary $$33,000$ $$40,400$

Less: Standard deduction $=$

Taxable income$=$

Income tax $=$

Less: Earned income credit $=$

Net tax due or refund $=$

After$-$tax cash flow:

Salary $$33,000$ $$40,400$

Less: Net tax due or Add refund fill in the blank $=$

After$-$tax cash flow $=$

Net

in cash flow if accept new job $=$