(Percent) Year Lowest Quintile Second Quintile Middle Quintile Fourth Quintile Highest Quintile 2001 3.2 8.0 14.0 21.8 53.0 2007 3.5 9.0 14.9 22.4 50.2 2013 3.8 9.6 15.0 22.7 48.9 2019 4.0 10.0 16.5 24.0 45.5 The data in the table suggest that there was an increase in V income inequality from 2001 to 2019. Complete the following table to help you determine the poverty rate in Perkopia in 2013. To do this, begin by determining the total income 5 individuals in each quintile using the fact that total annual income in the economy is $500, 000,000. Next, determine the income of an indivi: each quintile by dividing the total income of that quintile by the number of people in that quintile. (Hint: Recall that Perkopia has a populatii 10,000 people.) Finally, determine whether the individual income for each quintile falls below the poverty line of $43,275. Share of Income in 2013 Total Income Individual Income Quintile (Percent) (Dollars) (Dollars) Below Poverty Line? Lowest 3.8 I I I I Yes V Fourth 22.7 | | | | No v