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Use the following information to answer the question that follows about Joseph. Item Budget Actual...

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Finance

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Use the following information to answer the question that follows about Joseph. Item Budget Actual Difference Income $9650 $9650 Rent $2070 $2070 Utilities $910 $730 Taxes $3360 $3445 Transportation $470 $680 Food at Home $430 $340 Food Away from Home $510 $810 Debt Payments $1040 $1040 Savings $860 $495 Total Expenses Surplus/Deficit Given Joseph's monthly budget and his actual income and expense information, which of the following statements is true? O Joseph ran a $-40 deficit for the month. Joseph ran a $40 surplus for the month. O Joseph ran a $705 surplus for the month. Joseph ran a $705 deficit for the month

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