5. Computing the implicit marginal tax rate

Please don't copy existing answers here, because I know they are wrong that is why I need additional help! Thanks!

Suppose Kyoko is a single parent with one child, and she is trying to determine the effect of transfer benefits and taxes on her implicit marginal tax rate (and thus her incentive to work). The following table shows the transfer benefits and income taxes at various income levels in the economy in which Kyoko resides.

Compute the spendable income level Kyoko would have at each level of earned income, and enter these values in the last column.

Earned Income from Work	Transfer Benefits	Income and Employment Taxes	Spendable Income
(Dollars)	(Dollars)	(Dollars)	(Dollars)
0	9,789	0	9,789
6,000	8,611	281	_____
12,000	7,179	794	______
18,000	5,302	1,314	______
24,000	2,156	2,159	_______
30,000	1,408	2,705	________

If Kyoko's income from work increased from $18,000 to $24,000, her implicit marginal tax rate would be _________(59.4%/66.5%/72.7%133.5%) .

If Kyoko's income from work increased from $24,000 to $30,000, her implicit marginal tax rate would be _________(16.1%/21.6%/29.4/178.4%)