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Problem: The Jacksons have presented their financial planner with the following information in order to prepare their statement of cash flows:
Gross salary $75,000
Dividend income $5,600
Roth IRA contribution $2,000
401(k) Plan contribution $5,000
Mortgage payments $14,400
Car payments $3,600
Utilities $1,200
Food $4,800
Entertainment $2,400
Based on the information provided, calculate the Jacksons' net cash flow.
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