Answer:
Option B
Omar's net income for October is $1500.
Step-by-step explanation:
The net income(NI) is calculated by subtracting total expenses(TE) from the total revenue(TR).
Total Revenue= wages(after taxes)+Commission=$2000+$500=$2,500
Total Expenses=Food+Rent+Transportation+Clothing+Medical Insurance=$100+$700+$100+$50+$50=$1,000
Now, to find the Net Income of Omar's in October is,
NI=TR-TE=$2500-$1000=$1500
Hence, the net income of Omar's for October is $1500.
