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b . During the year, Joyce is offered a new job that has greater future potential than her current job. If she accepts the job

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.
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