Keith McPherson earned $20,000 last year as a carpenter. He paid $6,000 for food, rent, medical expenses, and other "necessities." There was little construction work in February, so he took a trip to the Caribbean and spent $4,000. What was Keith's discretionary income last year?

A. $4,000
B. $20,000
C. $12,000
D. $10,000
E. The information given is insufficient.


Answer: E

Business

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