Required Information Problem 8-74 (LO 8-4) The tollowing information applies to the questions displayed below) In 2018, Amanda and Jaxon Stuart have a daughter who Is 1 year old. The Stuarts are full-time students and they are both 23 years old Their only sources of income are gains from stock they heild for three years before selling and wages from part-time jobs. what is their earned income credit in the following alternative scenarios if they rie jointy? Use Exhibit8 10. (Leave no answer blank. Enter zero If applicable.) Problem 8-74 Partc c. Their AGI Is $25,000, consisting of $20,000 of wages and $5,000 of lottery winnings (unearned income). (Round your Intermediate caiculations to the nearest whole dollor amount.) Earned income credit Required Information Problem 8-74 (LO 8-4) The tollowing information applies to the questions displayed below. In 2018, Amanda and Jaxon Stuart have a daughter who is 1 year old. The Stuarts are full-time students and they are both 23 years old. Their only sources of income are gains from stock they held for three years before selling and wages from part-time Jobs. What is thelr earned income credit in the following alternative scenanios if they file jointly? Use Exhibit 8.10. (Leave no answer blenk. Enter zero If applicable.) Problem 8-74 Part-d your d. Their AGI Is $25,000, consisting Intermedlate colculations to the nearest whole doilar amount.) of $5,000 of wages and s20.000 of lottery winnings (unearned income) (Round EXHIBIT 8-10 2018 Earned Income Credit Table No Credlt When AGI (or earned Income If greater) Equals or Exceeds This Credit Phase- Out for AGI (or earnecd Income If Maximum Earned Maximum greater) Qualifying Income Eligible (2) Children Credit Over This Phase-OutAmount Percentage | Credit % | | ; Amount Marrled taxpayers filing Joint returns $14,170 24,350 24,350 for Credit (17x (2) (4) + [(3)/(5)) $6,780 10.180 4,290 14,290 7.65% | $ 519 3,461 5,716 6,431 7555% 15.98 21.06 $20,950 46,010 51,492 54.884 24,350 21.06 All taxpayers except married taxpayers filing joint returns $ 8,490 18,660 18,660 18,660 $15.270 40.320 45.802 49,194 7.65% 15.98 $6,780 10,180 14.290 14.290 7.65% | $ 519 3,461 5.716 6,431 3+