Peggy Sue is single and supports her dependent aunt, who lives with her. Peggy Sue's earned income is $12,000, and she makes a $500 contribution to her traditional IRA. Click here to access Exhibit 13.2 Earned Income Credit and Phaseout Percentages. Carry out computations to two decimal places, and round your final answer to the nearest dollar. Enter the amount of Peggy Sue's earned income credit: $ EXHIBIT 13.2 Earned Income Credit and Phaseout Percentages Tax Year Credit Percentage Maximum Credit Phaseout Base Phaseout Percentage Phaseout Ends at Income of 2020 7.65 34.00 40.00 45.00 $ 538 3,584 5,920 6,660 $14.680 25,220 25,220 25,220 7.65 15.98 21.06 21.06 $21,710 47,646 53,330 56,848 7.65 Number of Earned Income Qualifying Children Base Amount Married, Fifing Jointly No children $ 7,030 One child 10,540 Two children 14,800 Three or more children 14,800 Other Taxpayers No children $ 7,030 One child 10,540 Two children 14,800 Three or more children 14,800 Married, Filing Jointly No children 56,920 One child 10,370 Two children 14,570 Three or more children 14,570 Other Taxpayers No children $ 6,920 One child 10,370 Two children 14,570 Three or more children 14,570 7.65 34.00 40.00 45.00 $ 538 3,584 5,920 6,660 5 8.790 19,330 19,330 19,330 15.98 21.06 21.06 $15,820 41,756 47440 50,954 2019 7.65 34.00 40.00 45.00 $ 529 3,526 5,828 6,557 $14,450 24,820 24,820 24,820 765 15.98 21.06 21.06 521,370 46,884 52,493 55,952 7.65 34.00 40.00 45.00 $ 529 3,526 5,828 6,557 $ 8,650 19,030 19,030 19,030 7.65 15.98 21.06 21.06 $15,570 41,094 46,703 50,162