Illustrate what was hugh discretionary income last year

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Q. Hugh Least moon has an annual income of $75,000 a year. He pays $25,000 in taxes, also spends another $15,000 on his home, car, food, also other "necessities." Last year, he decided to really enjoy his annual vacation, so he spent $5,000 to go skiing in Austria. Illustrate what was Hugh's discretionary income last year?

Reference no: EM1396606

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