In 2022, Jack, age 12, has interest income of $7,020 on funds he inherited from his aunt and no earned income. He has no investment expenses. Christian and Danielle (his parents) have taxable income of $82,250 and file a joint return. Assume that no parental election is made. Click here to access the 2022 tax rate schedule. If required, round the tax computations to the nearest dollar. "Saver's" Credit Rate and AGI Thresholds (2022) Green Corporation hires six individuals on January 4, 2022, all of whom qualify for the work opportunity credit. Three of these individuals receive wages of $8,500 during 2022, and each individual works more than 400 hours during the year. The other three individuals work 300 hours and receive wages of $5,000 during the year. a. Calculate the amount of Green's work opportunity credit for 2022. $ X Feedback Check My Work b. If Green pays total wages of $140,000 to its employees during the year, how much of this amount is deductible in 2022 assuming that the work opportunity credit is taken? Discussion Question 1-21 (Algorithmic) (LO. 4) Elijah and Anastasia are married and have two married children and three minor grandchildren. For 2022, what is the maximum amount they can give to their family (including the sons- and daughters-in-law) without using any of their unified transfer tax credit? $ Exercise 13-22 (Algorithmic) (LO. 4) Rafael and Lucy, married taxpayers, each contribute $4,950 to their respective 401(k) plans offered through their employers. The AGI reported on the couple's joint return is $48,900. Determine their credit for retirement plan contributions (the Saver's Credit). Click here to access the "Saver's" Credit Rate and AGI Thresholds Table. As a result, they may claim a credit for their retirement plan contributions of $ X