6. 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 Skip's commission $315 Savings account interest $39 3,188 School loan 218 Commuter train pass (year) 4,356 Taxes Nike dividend 163 Skip 3,825 Renter's Insurance (year) 435 Jackie 3,634 Dallas Power & Light bill 145 Wages & salaries U.S. Cellular bill 138 Skip 21,250 Rent 725 Jackle 20,188