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disability compensation shall not be included in such total; and • provided, that the first twe four thousand five -hundred dollars of income of each relative other than spouse of such claimant owner or owners who is living in such dwelling shall not be included in such total. (f) The net combined financial worth of such claimant owner or owners and of the spouse of any owner their -relatives -}iv}" -in saeh-dwe+iinq, as of December 31 of the year immediately preceding the taxable year for which the exemption or deferral is claimed, does not exceed thirty-five fifty thousand dollars. Net combined financial worth shall include the value of all assets, including equitable interests, exclusive of the fair market value of the dwelling for which exemption or deferral is claimed and of the land, not exceeding one acre, upon which it is situated. Section 10-39. Application for exemption or deferral; investigation of affidavit. Section 10-40. Calculation of amount of exemption or deferral. The amount of the exemption or deferral granted pursuant to this article shall be a percentage of the real estate tax assessed for the applicable taxable year in accordance with the following • scale: Net Combined Financial Worth Gross $0 $8745+ 6+4;38} $Q6725+ $12,001 25 001 $37,501 Combined to to to to $12,000 $25,000 $37,500 $50,000 Income $893se $+475ee $267258 $357888 Exemption Exemption Exemption Exemption $e-te-47888 $0 to 6.000 100% 80% 60% 40% $4788+-te-47288 $6,001 to 9.000 80% 60% 40% 30% $4728+-te-97688 $9.001 to 12.000 60% 40% 30% 25% $9768+-te-+$7888 $12,001 to 15,000 40% 30% 25% 20% Deferral Deferral Deferral Deferral $+$788+-te-+57888 • $15.001 to 18,000 20% 20% 20% 20%