Each month Elizabeth budgets $760 for fixed expenses, $620 for living expenses, and $80 for annual expenses. Her annual net income is $32,580. Which sentence best describes her monthly budget?

A. It shows a deficit of $1255

B. It shows a surplus of $1255

C. It shows a surplus of $1460

D. It is balanced

Question

Mathematics

Cadence Pittman

4 July, 23:05

Each month Elizabeth budgets $760 for fixed expenses, $620 for living expenses, and $80 for annual expenses. Her annual net income is $32,580. Which sentence best describes her monthly budget?

A. It shows a deficit of $1255

B. It shows a surplus of $1255

C. It shows a surplus of $1460

D. It is balanced

+5

Answers (1)

Know the Answer?

Alisha Pollard · Answer 1

760+620+80=1460 total monthly expenses.

$32,580 annually divided by 12 months = monthly income of $2,715

2,715-1460=1,255

Her budget shows a surplus of $1,255

Each month Elizabeth budgets $760 for fixed expenses, $620 for living expenses, and $80 for annual expenses. Her annual net income is $32,580. Which sentence best describes her monthly budget?A. It shows a deficit of $1255B. It shows a surplus of $1255C. It shows a surplus of $1460D. It is balanced