Necessarily false. In 1974, the basic needs standard for a family of four was $420. The total income for the Smith family of four was $180.00 per n the first $30.00 plus one-third of the remainder was disregarded in determining countable income. The amount of the payment a reduced standard of 75% of the basic needs standard less the family's countable income. How much would the Smith family r if they applied for assistance? $106.00 $225.00 $331.00 $346.00 None of the above