calculating net income\nkaycie muñoz\nmonthly income statement\nseptember 2013\nwhat is kaycies net…

calculating net income\nkaycie muñoz\nmonthly income statement\nseptember 2013\nwhat is kaycies net income?\nincome (after taxes) total income\nwages $2,700???\nexpenses\nfood $210 clothing $90\nrent $975 medical insurance $60\ntransportation $120 car insurance $50\ntotal expenses:???\nnet income (income - expenses):???

calculating net income\nkaycie muñoz\nmonthly income statement\nseptember 2013\nwhat is kaycies net income?\nincome (after taxes) total income\nwages $2,700???\nexpenses\nfood $210 clothing $90\nrent $975 medical insurance $60\ntransportation $120 car insurance $50\ntotal expenses:???\nnet income (income - expenses):???

Answer

Explanation:

Step1: Calculate total expenses

$210 + 975+120 + 90+60 + 50=1505$

Step2: Calculate net - income

Net income = Wages - Total expenses. Given wages = $2700$ and total expenses = $1505$. So, $2700-1505 = 1195$

Answer:

$1195$