5. Income and expense statement Skip and Jackie Garcia have been married for over two years. They have been trying to save for a down payment on a house, but they feel that there is never anything left over to save. They talked with their parents who suggested that they prepare an income and expense statement. Skip and Jackie put together the following worksheet. Worksheet Car payment $315 Savings account interest $50 Skip's commission 2,813 School loan 165 Commuter train pass (year) 3,300 Taxes Proctor & Gamble dividend 210 Skip 3,375 Renter's Insurance (year) 330 Jackie 3,206 Rocky Mountain Power bill 110 Wages & salaries AT&T bill 105 Skip 18,750 Rent 550 Jackle 17,813