you have to put both the pictures next to each other for the clear image. For some reason it's not clear taking the picture all at once. thanks.

Full Financial Planning Exercise 4 Effect of tax credit versus tax exemption Explain and calculate the differences resulting from a $1,000 tax credit versus a $1,000 tax deduction for a single taxpayer with $44,000 of pre-tax income. The standard deduction in 2010 was $12,000 for single. Note that personal exemptions were suspended for 2018. Use Exhibit 3.3 to determine the corresponding tax rate. Round the answers to the nearest cent After-tax Income (Tax Deduction) After-tax Income (Tax Credit) 1 2018 Tax Rate Schedules Single Taxable Income Tax Rate $0-$9,525 10% of taxable income $9,526-$38,700 $38,701-$82,500 $82,501-$157,500 $952.50 plus 12% of the amount over $9,525 $4,453.50 plus 22% of the amount over $38,700 $14,089.50 plus 24% of the amount over $82,500 $32,089.50 plus 32% of the amount over $157,500 $45,689.50 plus 35% of the amount over $200,000 $150,689.50 plus 37% of the amount over $500,000 $157,501-$200,000 $200,001-$500,000 $500,001 or more apter Financial Planning Exercise 4 Effect of tax credit versus tax exemption Explain and calculate the differences resulting from a $1,000 tax credit versus a $1,000 tax deduction for a single t income. The standard deduction in 2018 was $12,000 for single. Note that personal exemptions were suspended for the corresponding tax rate. Round the answers to the nearest cent. After-tax Income (Tax Deduction) After-tax Income (Tax Credit) es resulting from a $1,000 tax credit versus a $1,000 tax deduction for a single taxpayer with $44,000 of pre-tax 2018 was $12,000 for single. Note that personal exemptions were suspended for 2018. Use Exhibit 3.3 to determine the answers to the nearest cent.. $ SA SA