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6) J and I have their financial information listed, please prepare a cash budget: I takes home $2,000 a month, $200 a month is deducted

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6) J and I have their financial information listed, please prepare a cash budget: I takes home $2,000 a month, $200 a month is deducted from his paycheck (gross) into his 401(k); J takes home $2,500 a month, and puts $300 a month from her paycheck into a rainy day fund" savings account; They lease an apartment for $1,000 a month and pay utilities of $250 a month; J also has a $1,000 bond which pays interest semi-annually in January and July, the bond coupon (interest rate) is 6%. They wish to live a frugal life and forgo such frivolities as food and whatnot. Based on the information above, please prepare a January 2021 budget for J and J

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