I would really appreciate it if you explain. Thanks!

Natalie is 8 years old and has been gifted shares of stock in an airline. In 2022, the airline issued a dividend. Natalie has no other sources of income and her parents file Married Filing Jointly with their taxable income presented below.

Excel McGraw Hill Excel Question - Saved v O Search ( Alt + Q) \begin{tabular}{l|l} \hline 18 & \multicolumn{1}{|c}{ Kiddie Tax Computation } \\ \hline 19 & Gross income / AGl \\ \hline 20 & The Greater of: \\ \hline 21 & Minimum standard deduction \\ \hline 22 & $350 plus earned income \\ \hline 23 & Standard deduction for a dependent \\ \hline 24 & Taxable income \\ \hline 25 & Gross unearned income less $2,200 \\ \hline 26 & Net unearned income \\ \hline 27 & Kiddie tax \\ \hline 28 & \\ \hline 29 & Gross income / AGl \\ \hline 30 & The Greater of: \\ \hline 31 & Minimum standard deduction \\ \hline 32 & $350 plus earned income \\ \hline 33 & Standard deduction for a dependent \\ \hline 34 & Taxable income \\ \hline 35 & Gross unearned income less $2,200 \\ \hline 36 & Net unearned income \\ \hline 37 & Income subject to tax at Natalie's rate \\ \hline 38 & Natalie's income tax \\ \hline 39 & Total tax \\ \hline 40 & $1,100 \\ \hline \end{tabular}