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Construct a personal income statement for the family

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Reference no: EM132940638

Your spouse provided the following information information about your family:

salaries, $69,000;

mortgage payment, $7,815;

food, $2,488;

interest income, $697;

transportation, $1,356;

dividend income, $333;

automobile payment, $3,650;

clothes and personal, $2,220;

student loan payment, $1,345;

property taxes, $1,847;

utilities, $3,370;

insurance, $2,228;

income taxes $9,235; and

recreation and vacation, $2,635.

Problem 1: Construct a personal income statement for the family and determine what is the family's disposable income?

Reference no: EM132940638

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