The Table Given Below Shows the Annual Incomes of a Family

The table given below shows the annual incomes of a family of four and the corresponding transfer incomes. Table 19.3

- Refer to Table 19.3.Suppose the government changes the guaranteed income floor to $3,000.What is the new break-even level of income if the negative income tax rate is changed to 20 percent?

A) $3,000
B) $15,000
C) $6,000
D) $5,000
E) $30,000