, the budget information for Laura nannon for Exercises 3 and 4. 3. The Consumer Credit Counseling Service suggests that the monthly food budget be between 15 - 30% of income. a. What is Laura's total monthly food bill including dining out? 5600 $100 550 $70 $400 $250 580 b. What percent of her income is spent on food? 129% Laura's Financial Report Income Teacher, monthly after-tax income: $5,000 Tutor, monthly after-tax income: $1,200 Monthly Expenses Rent 52,200 Groceries Car loan $180 Personal loan Electricity S80 Land line phone $60 Sanitation Auto insurance Cable/Internet $40 Savings Dining out $200 College loan Gasoline $200 Cell phone Water $40 Medical insurance $60 Renter's Insurance 530 Entertainment $250 Debt reduction 5200 Non-Monthly Expenses Medical: 5250 in April, $250 in September Auto-related: 5400 in October Home-related: 5250 in February, 5250 in November Life insurance: 5110 in April, August, December Tuition: $2,000 in May (summer) and August (fall) Vacation: 5800 in July Gifts: 5250 in March and December Contributions: 510 each week of the year Repairs: $280 in October Taxes: $1,500 in January and September c. Is Laura below, in, or above the recommended interval? Below 4. Use a cash flow template to construct a cash flow plan for Laura. What is her monthly cash flow? bahla