What is his cash surplus or deficit in the 2nd month

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Reference no: EM13290803

The Grand Canyon University mascot, the ‘Lope, graduated from GCU and anticipates monthly take-home pay of $2,750 for his mascot work over the next 3 months. He also expects a tax refund in the second month of $75. His basic monthly expenses are housing of $556, food of $345, and miscellaneous expenses of $1,045. The ‘Lope plans on buying a gaming system and big screen in the third month for $2,400. What is his cash surplus or deficit in the 2nd month?

A) -$1,596
B) $729
C) $87
D) $879

Reference no: EM13290803

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