Please note that the instructions are in the first picture. Pleease be as clear and as simple as possible. I need to use it so I can do other similar exercices on my own. thank you in advance

Broadening Your Perspective 1051 All About You BYP23-6 In order to get your personal finances under control, you need to prepare a personal budget. Assume that you have compiled the following information regarding your expected cash flows for a typical month. $ 500 $210 50 Rent payment Interest income Income tax withheld Electricity bill Groceries Wages earned Insurance 300 85 100 2,500 100 Miscellaneous costs Savings Eating out Telephone and Internet costs Student loan payments Entertainment costs Transportation costs 150 125 375 250 150 Personal Budget Typical Month Actual Income: Wages earned Interest income 401K/403B Income subtotal Income tax withheld Spendable income Expenses: Rent Utilities Electricity Telephone and Internet Food: Groceries Eating out Insurance Transportation Student loan payments Entertainment Savings Miscellaneous Total investments and expenses Surplus/Shortage