Problem 7-6 Earned Income Credit (LO 7.2) Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who are 3 and 5 years old. During 2022, Diane's wages are $19,800 and she receives dividend income of $1,200. Earned Income Credit Phase-Out Ranges Other than joint Joint filers filers Number of Qualifying Children None 1 Begins Ends $11,610 $21,430 19,520 42,158 Phaseout Phaseout Phaseout Phaseout Begins Ends $17,560 $27,380 48,108 25,470 2 19,520 47,915 25,470 53,865 3 or more 19,520 51,464 25,470 57,414 Calculate Diane's earned income credit using the EIC table in Appendix B.