6. Cash-flow statement - Prabakar and Gita Jain have been married for two years. They have been trying to save but feel that there is never anything leftover after expenses. Gita is taking a night course on personal finance, and she suggested that they prepare a cash-flow statement for the year ended December 31, 2016. Use the worksheet that Prabakar and Gita provided plus the additional information to fill in the missing amounts on the Jain's cash-flow statement for the year ended December 31, 2016. (Note: Round percentages to one decimal place, and dollar amounts to the nearest whole dollar. If your answer is negative, use a minus sign.) Prabakar and Gita put together the following worksheet. Cash payments: Cash received & income taxes: Prabakar's salary Gita's salary $27,250 Rent $1,370 25,888 School Loan 165 Prabakar's bonus 4,088 Train pass (year) 900 20 Car loan payment 315 IBM dividend Savings interest Income taxes: 17 Auto insurance (year) 330 220 Central Maine Power T-Mobile - Prabakar 4,905 105 Gita 4,660 Here is some additional information: . For income items, they know yearly amounts. For some expenses, they know the annual amount (for example, Gita's annual commuter-train pass). They listed those amounts and noted them as such. . Unfortunately, for other expenses, they provided the payment they made last month, stating that the amount doesn't change much from month to month. . . Based on their employer-provided health insurance, they incur a copay of $20 per visit. They estimated that they saw the doctor (combined) 4 times during the year. Prabakar estimated that he spends about $60 a week on gas and maintenance for their two cars, and he takes out $100 for spending money every week. Gita estimated that she spends about $100 a week on groceries and $200 a month on clothing. She never has cash and uses her credit cards for everything. They went on a Norwegian Cruise that cost $2,200; they took an additional $500 for spending. That was their only vacation. Cash-Flow Statement Name: Prabakar and Gita Jain Date: For the year ended December 31, 2016 Dollars Percent INCOME % Prabakar's salary Gita's salary % Prabakar's bonus % Interest and dividends % Total Income $ 100% EXPENDITURES % % Fixed Expenses Rent expense Prabakar's income taxes Gita's income taxes Automobile loan payment Education loan % % % % Phone % Transportation Automobile insurance and registration % % % Total fixed expenses $ % Variable Expenses Food $ % Utilities % Gasoline and maintenance % % % % Vacations Clothing Miscellaneous (Prabakar's withdrawals) Medical expenses Total variable expenses Total Expenses SURPLUS (DEFICIT) % $ % $ % % $ % Based on this cash-flow statement, Prabakar and Gita have a cash flows in and out, their bank balance should have by for the year. This means that if they accounted for all of their cash from December 31, 2015 to December 31, 2016