Exercise $13-16($Algorithmic$)($LO$.4)$

Samuel and Annamaria are married, file a joint return, and have three qualifying children. In $2023,$ they earn wages of $$38,400$ and have no other income.

Round your intermediate computations and final answer to the nearest dollar. Click here to access the Earned Income Credit and Phaseout Percentages Table.

The earned income credit is $fill in the blank $1$

$.$