Referring to Exercise 13: Monthly income \(=\$ 4,580.00\)

Determine the amount of money that should be allocated to each of the three categories of the 50-30-20 budget philosophy guidelines.

Data from Exercises 13

Per month: paychecks \(=\$ 3,680\), consulting \(=\$ 900\), Mortgage \(=\$ 1,198.00\), Utilities \(=\$ 376\), Cell phone \(=\$ 67.50\), Car payments \(=\$ 627.85\), Car insurance \(=\$ 183.50\), Student loans \(=\$ 833\), Food \(=\$ 450\), Gasoline \(=\$ 275\), Internet \(=\$ 69\), Dining out \(=\$ 250\), Credit cards \(=\$ 375\), entertainment \(=\$ 300\)

Create the budget, including totals and how much the income exceeds or falls short of the expenses, based on the information given.