Answer the following. Round all numbers to the nearest dollar.Jackson has just divorced and must pay child care to his ex. He earns $52,800 a year after income taxes from his job. He has some stock that pays a dividend of $429 per quarter. He lists "Other expenses" at $900 per month as he isn't quite sure yet what they will be, given that his car is getting old and may need replacement. Rent and utilities $1200 a monthPhone/Internet $250 a monthGroceries $95 per weekInsurance $620 a monthAutomobile $180 a monthMedical and dental $1400 a yearOther expenses $400 a monthFind his average monthly-after tax income, average monthly expense based on the numbers above, and the difference between the two. Based on your experience, is his budget reasonable? Does he have enough income?
What will be an ideal response?
Monthly income -- $4543; monthly expenses -- $3178. Income exceeds expenses by $1365 per month so his budget seems reasonable and he has enough income for the expenses he projects.
Mathematics
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A. 
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C. 
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