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Paige
Monthly income statement
December
Income
Wages (after taxes) $1,850


Total income. ???
Expenses
Food. $120
Rent. $550
Transportation. $130
Clothing. $70
Medical insurance. $30
Total expenses. ???
Net income. ???
What is Paige's net income for December?
A.900
B.950
C.1,850
D.2,750

Respuesta :

HaydenGemeinhardt1
The net income is the money left after expenses. Expenses equaled 900, so 1,850 - 900 would equal B. 950.
JeanaShupp

Answer: B. $950


Step-by-step explanation:

Given: Paige's December income wages=$1850

Her expenses: Food= $120

Rent= $550

Transportation= $130

Clothing= $70

Medical insurance= $30

Total expenses= $120+$550+$130+$70+$30=$900

Net income= Income wages- total expenses

Thus, net income= $1850-$900=$900

⇒ Paige's net income for December=$950

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