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John and Patricia have been markied since 2012 and have two children, ages 7 and 5 . John works as a supply chain manager and

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John and Patricia have been markied since 2012 and have two children, ages 7 and 5 . John works as a supply chain manager and earns $83,000 per year. Patricia was a Kindergarten teacfier but has stayed home with the children for the last 7 years. She would like to teach again and would like to know the tax effect of this decision. John and Patricia would need after school care which would cost them $10,000 for both children. If Patricia earns $46,000 per year, AGl is $129,000, and the couple is in the 22% marginal tax bracket. what is the net cash flow from her earnings, taking into consideration the $10,000 caregiver expense? Ignore payroll taxes. Net cash flow

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