a.Allison expects her monthly cash inflow after taxes to be $3000. She also has the following monthly expenses: Rent, $750; student loan payment, $200; utilities, $150; food, $300; recreation, $600; car expenses, $200; clothing, $150.What is Allison's net cash flow for the current month?

b.Describe how credit cards affect the following.

1.Your personal budget

2.Your income statement

3.Your balance sheet