Construct a personal income statment for the Humperdrienk family using the following information: salaries, $42,000; mortgage payment, $7,980; food, 2,400; interest income, $150; transportation, $1,200; dividend income, $190; automobile payment, $3,060; clothes and personal, $2,000; student loan payment, $1,700; property taxes, $9,700; and recreation and vacation, $2,000. What is thr family's disposable income ?

this subject is supposed to be Accounting for Entrepreneurship

* please explain your answer and right the formula , orgonize it but not too sophisticated .