A household has the following statistics related to Balance Sheet and annual Cash Flow: Balance Sheet Items: in Dollars Cash 2,500 CD 12,000 Savings Account Balance 3,500 Credit Card Debt 9,500 Current Year Portion of mortgage 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.

8.15%

7.37%%

9.30%

9.14%