Clyde receives $50,000 in income. He paid $10,000 in taxes, $7,500 in rent and utilities, $5,000 on food, $2,000 in clothing, and $1,000 on a new couch. Based on these calculations, Clyde's discretionary income is
A. $40,000.
B. $28,000.
C. $24,500.
D. $35,500.
E. $25,500.
Answer: E
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