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The table below shows last year's gross income, standard deduction, and number of exemptions for four different workers.

\begin{tabular}{|c|c|l|l|}
\hline & \multicolumn{1}{|c|}{\begin{tabular}{c}
Gross \\
income
\end{tabular}} & \multicolumn{1}{|c|}{\begin{tabular}{c}
Standard \\
deduction
\end{tabular}} & \multicolumn{1}{|c}{\begin{tabular}{c}
Number of exemptions at \\
[tex]$\$[/tex] 3650[tex]$ each
\end{tabular}} \\
\hline Dolly & $[/tex]\[tex]$ 51,678$[/tex] & [tex]$\$[/tex] 8,350[tex]$ & 2 \\
\hline Emiliano & $[/tex]\[tex]$ 45,231$[/tex] & [tex]$\$[/tex] 5,700[tex]$ & 1 \\
\hline Jerry & $[/tex]\[tex]$ 48,099$[/tex] & [tex]$\$[/tex] 5,700[tex]$ & 2 \\
\hline Yolanda & $[/tex]\[tex]$ 55,587$[/tex] & [tex]$\$[/tex] 8,350$ & 3 \\
\hline
\end{tabular}

Assuming that each worker used the standard deduction and that none of the workers had any additional adjustments, which worker had the lowest taxable income last year?

A. Yolanda
B. Dolly
C. Jerry
D. Emiliano

Sagot :

To determine which worker had the lowest taxable income last year, we need to calculate the taxable income for each worker by subtracting the standard deduction and the exemptions (with each exemption valued at \[tex]$3650) from the gross income. Here's the step-by-step solution: 1. Calculate Taxable Income for Dolly: - Gross Income: \$[/tex]51,678
- Standard Deduction: \[tex]$8,350 - Number of Exemptions: 2 (each exemption is \$[/tex]3,650)
- Exemption Total: [tex]\(2 \times \$3,650 = \$7,300\)[/tex]
- Taxable Income: [tex]\(\$51,678 - \$8,350 - \$7,300 = \$36,028\)[/tex]

2. Calculate Taxable Income for Emiliano:
- Gross Income: \[tex]$45,231 - Standard Deduction: \$[/tex]5,700
- Number of Exemptions: 1 (each exemption is \[tex]$3,650) - Exemption Total: \(1 \times \$[/tex]3,650 = \[tex]$3,650\) - Taxable Income: \(\$[/tex]45,231 - \[tex]$5,700 - \$[/tex]3,650 = \[tex]$35,881\) 3. Calculate Taxable Income for Jerry: - Gross Income: \$[/tex]48,099
- Standard Deduction: \[tex]$5,700 - Number of Exemptions: 2 (each exemption is \$[/tex]3,650)
- Exemption Total: [tex]\(2 \times \$3,650 = \$7,300\)[/tex]
- Taxable Income: [tex]\(\$48,099 - \$5,700 - \$7,300 = \$35,099\)[/tex]

4. Calculate Taxable Income for Yolanda:
- Gross Income: \[tex]$55,587 - Standard Deduction: \$[/tex]8,350
- Number of Exemptions: 3 (each exemption is \[tex]$3,650) - Exemption Total: \(3 \times \$[/tex]3,650 = \[tex]$10,950\) - Taxable Income: \(\$[/tex]55,587 - \[tex]$8,350 - \$[/tex]10,950 = \[tex]$36,287\) Comparing the taxable incomes: - Dolly: \$[/tex]36,028
- Emiliano: \[tex]$35,881 - Jerry: \$[/tex]35,099
- Yolanda: \[tex]$36,287 From these calculations, the worker with the lowest taxable income is Jerry with a taxable income of \$[/tex]35,099.

Therefore, the correct answer is:
C. Jerry