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A household has the following statistics related to Balance Sheet and annual Cash Flow: Balance Sheet Items: Cash CD Savings Account Balance Credit Card Debt

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A household has the following statistics related to Balance Sheet and annual Cash Flow: Balance Sheet Items: Cash CD Savings Account Balance Credit Card Debt Current Year Portion of mortgage in Dollars 2.500 12.000 3.500 9,500 7,800 Cash Flow Items: Salary 115,000 Dividend Income 1,500 Discretionary Expenses 8,000 Nondiscretionary Expenses 28,975 Debt Repayment 8.700 Retirement Investments 15,500 Capital Expenditure Compute the Discretionary Payout percentage. O 9.30% 09.14% O 8.15% 0 7.37%%

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