calculate the income needed based on the following budgeted expenses.\nmonth budgeted amount\nrent…

calculate the income needed based on the following budgeted expenses.\nmonth budgeted amount\nrent $350\nutilities $100\nfood $150\nentertainment $75\nbus pass $25\ncollege savings $300\n a. the income would need to be at least $1000.\n b. the income would need to be at least $950.\n c. the income would need to be at least $1125.\n d. the income would need to be at least $850.

calculate the income needed based on the following budgeted expenses.\nmonth budgeted amount\nrent $350\nutilities $100\nfood $150\nentertainment $75\nbus pass $25\ncollege savings $300\n a. the income would need to be at least $1000.\n b. the income would need to be at least $950.\n c. the income would need to be at least $1125.\n d. the income would need to be at least $850.

Answer

Explanation:

Step1: Sum up all expenses

$350 + 100+150 + 75+25+300$

Step2: Calculate the total

$350+100 = 450$, $450+150 = 600$, $600+75 = 675$, $675+25 = 700$, $700+300=1000$

Answer:

A. The income would need to be at least $1000$