$60,740 The Tom Jones Family Personal Income Statement (Cash Flow Statement) January 1, 2013, to December 31, 2013 INCOME Salaries $60,000 Interest Income 740 TOTAL INCOME FIXED EXPENSES Mortgage Payment $9,600 Automobile Payment 5,040 Property Taxes 1,235 Insurance 4,500 Income Taxes 5,032 Savings & Investment 1,200 Personal Loan Payment TOTAL FIXED EXPENSES $27,507 VARIABLE EXPENSES Food $5,485 Transportation 2,500 Utilities 1,800 Clothes & Personal 2,700 Recreation & Vacation 2.780 TOTAL VARIABLE EXPENSES $15,265 TOTAL EXPENSES 900 $42.772 1. Construct a personal income statement for the Humperdinck family using the following information: salaries, $42,000; mortgage payment, $7,980; food, $2,400; interest income, $150; transportation, S1,200; dividend income, $190; automobile payment, $3,060; clothes and personal, $2,000; student loan payment, $1,700; property taxes, $1,100, utilities, $3,000; insurance, $2,100; income taxes, S9,700; and recreation and vacation, S2,000. What is the family's disposable income