Savings: I'd like to save $100 each month. This will give me $1000 for a nice vacation next summer! Miscellaneous: I've budgeted about 5% of my total monthly budget to cover any unexpected expenses. 1. What is Natalie's annual take home pay - after deductions? Complete the attached table: (you will be asked to upload your table in the next question space) Item Monthly budget Monthly income - before deductions Total Monthly Income - after deductions Rent Food Car (fuel, maintenance, insurance) Car payments Utilities (cable, phone, hydro) Entertainment and recreation Clothing Personal (haircuts and styling, soap, toothpaste ,...) Medical and dental Gifts and donations Savings Miscellaneous - 5% of total monthly income Total Expenses Total Income - Total ExpensesQuestion 3 (3 points) In her first 3 months in Windsor, Natalie records her actual expenses and savings as shown: Complete the table. Item Actual amount Budgeted amount Rent 600 Food 482.67 Car (fuel, maintenance, insurance) 593.12 Car payments 465 Utilities (cable, phone, hydro) 234.75 Entertainment and recreation 308 Clothing 401.91 Personal (haircuts and styling, soap, 254.67 toothpaste,... Medical and dental 77.89 Gifts and donations 153.17 Savings 285 Miscellaneous 95.23 Total 1. Is Natalie spending within her budget? Explain 2. Which three items should she consider changing? Explain 3. Natalie receives a 2% salary increase after 6 months. Suddenly she has more options to use her income. What are some things she could do with her money? A/ Question 4 (2 points) Upload Natalie's three month budget hereQuestion 5 (3 points) Suppose Natalie, with her new pay increase - calculate as 2% on top of her monthly (after deductions), decided to rent a $450/month apartment by herself. 1. What is her new monthly income? 2.Which items would also increase if she is living alone and what would the new costs be. List each one separately as follows: Rent, $450 A/ A/ Question 6 (2 points) Can Natalie afford these costs? Explain by recalculating her total budget. How much is she over/under by? A/\f2. Does Natalie have enough money for her budget? Explain why/why not. 3. If there is left over money at the end of the month, what should Natalie do with it? Question 2 (4 points) Upload your budget for Natalie