Explain and calculate the differences resulting from a $$2,000$ tax credit versus a $$2,000$ tax deduction for a single taxpayer with $$43,000$ of pre$-$tax income.The standard deduction in $2018$ was $$12,000$ for single. Note that personal exemptions were suspended for $2018.$ Use Exhibit $3\mathrm{.}3$ to determine the corresponding tax rate. Round the answers to the nearest cent.After$-$tax Income $($Tax Deduction$)$After$-$tax Income $($Tax Credit$)$