Suppose Jacques is a single parent with one child, and he is trying to determine the effect of transfer benefits and taxes on his implicit marginal tax rate (and thus his incentive to work). The following table shows the transfer benefits and income taxes at various income levels in the economy in which Jacques resides. Compute the spendable income level Jacques would have at each level of earned income and enter these values in the last column of the table. Earned Income from Work Transfer Benefits Income and Employment Taxes Spendable Income (Dollars) (Dollars) (Dollars) (Dollars) 0 9,498 0 9,498 6,000 8,704 320 12,000 7,338 848 18,000 5,554 1,423 24,000 2,280 2,124 30,000 1,303 2,894