Mr. and Mrs. Palio celebrated the birth of their third child on November 18. Required: a. Compute the effect of this event on their tax liability, assuming that their AGI was $103,000, and their taxable income before considering the new dependent was $87,400. b. Compute the effect of this event on their tax liability, assuming that their AGI was $432,000, and their taxable income before considering the new dependent was $365,000. c. Compute the effect of this event on their tax liability, assuming that their AGI was $850,000, and their taxable income before considering the new dependent was $734,000. Assume the taxable year is 2021. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the effect of this event on their tax liability, assuming that their AGI was $103,000, and their taxable income before considering the new dependent was $87,400. (Leave no cell blank; if there is no effect, select "No effect" from dropdown and enter "0".) Effect on tax liability