The expenses and income of an individual are given in table form to the right. Find the net monthly cash flow (it could be positive or negative). Assume salaries and wages are after taxes. When you need to convert between weeks and months, assume that 1 month=4 weeks.

Income Part-time job: $500/month College fund from grandparents: $450/month Scholarship: $4200/year

Expenses Rent: $500/month Groceries: $50/week Tuition and fees: $3000 twice a year Incidentals: $140/week

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Part 1

The net monthly cash flow is

$_____

(Round to the nearest dollar as needed.)