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Accounting

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The expenses and income of an individual are given in table form to the right. Find T the net monthly cash flow (it could be positive or negative). Assume salaries and wages are after taxes. When you need to convert between weeks and months, assume that 1 month = 4 weeks. %3D The net monthly cash flow is $ Income Expenses Part-time job: $800 / month College fund from grandparents: $500 / month Scholarship: $6600 / year Rent: $500 / month Groceries: $70 /week Tuition and fees: $2400 twice a year Incidentals: $130 /week

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