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6. Income and expense stotement Sam and Joan Wallingford have been married for over two years. They have been trying to save for a down

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6. Income and expense stotement Sam and Joan Wallingford 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. Sam and Joan put together the following worksheet. The following is some additional information. - For income iterms, they knew yearly amounts. For expenses, in some cases they knew the annual amount (for example, Joan's commuter train pass). They listed those amounts and noted them as such, - Unfortunately, for other expenses, they provided last month's payment, stating that the amount didn't change much from month to month * Based on their employer'peovided health insurance, they incur a copay of s15 per visit. They estimated that they saw the doctor \{combined) 3 times during the year, - Joan estimated that she spends about $100 a month on clothing and $150 a month on groceries. * They went on a Princess Cruise trip that cost $2,200. They took an additional $500 in spending money. That was their only vacation. Prepare an annual income and expense stasement for the Wallingronds as of December 31. found all dollar amounts to the nearest whole dollar, and do not inchude an itent in another category if a category already exists for it. If an item does not require a balance, be sure to insert a zero bo aveid a loss of credit for the particular item

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