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Rex and Dena Are Married and Have Two Children,Michelle (Age

question 94

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Rex and Dena are married and have two children,Michelle (age 7) and Nancy (age 5) .During 2011,Rex earned a salary of $24,000,received interest income of $300,and filed a joint income tax return.Dena had $0 gross income.Their earned income credit for the year is:


Definitions:

FADH2

A redox cofactor involved in cellular respiration, acting as a carrier of electrons to the electron transport chain.

Alcoholic Fermentation

A biological process by which sugars such as glucose, fructose, and sucrose are converted by yeast or bacteria into cellular energy, producing ethanol and carbon dioxide as side products.

Acetaldehyde

A volatile, flammable, and colorless liquid compound, which is a common intermediate in the synthesis of various chemicals and a byproduct of alcohol metabolism.

NADH

Nicotinamide adenine dinucleotide (NADH) is a coenzyme found in all living cells, involved in redox reactions, carrying electrons from one reaction to another.

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