Determine the amount of the Earned Income Credit in each of the following cases. Assume that the person or persons are eligible to take the credit. Use Table 9-3. Required: Calculate the credit using the formulas. (For all requirements, do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Earned Income Credit a. A single person with earned income of $7,554 and no qualifying children. b. A single person with earned income of $22,500 and two qualifying children. A married couple filing jointly with earned income of $34,190 and one qualifying child. TABLE 9-3* Earned Income Credit Tax Year 2019 Number of Eligible Children None One Two Three or More 7.65% 34.0% 40.0% 45.0% $6,920 $10,370 $14,570 $14,570 $529 $3,526 $5,828 $6,557 EIC percentage For earned income up to Maximum EIC Phaseout percentage For joint filers: Phaseout starts at earned income of Phaseout ends at earned income of 7.65% 15.98% 21.06% 21.06% $14,450 $24,820 $24,820 $24,820 $21,370 $46,884 $52,493 $55,952 For all other filers: Phaseout starts at earned income of $8,650 $19,030 $19,030 $19,030 Phaseout ends at earned income of $15,570 $41,094 $46,703 $50,162 The dollar amounts in the table are subject to annual adjustments for inflation