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Taylor earns $80,000 a year. She pays 40 percent of her gross income in federal, state, and local taxes. She has fixed expenses in addition
Taylor earns $80,000 a year. She pays 40 percent of her gross income in federal, state, and local taxes. She has fixed expenses in addition to taxes of $2,500 per month and variable expenses that average $2,000 per month. Does she have a surplus or deficit for the year? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. Surplus; $6,000 b Deficit; $5,000 c Surplus; $5,000 d Deficit; $6,000
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