Use Tarek$$s budget and balance sheet information to answer the following questions.

What is Tarek$$s budgeted income surplus?

What is his budgeted savings ratio? How does this compare with the recommended benchmark?

What is Tarek$$s total debt$-$to$-$income ratio? How is he doing compared to the recommended benchmark? What can he do to improve his situation?

Based on a month having $4$ weeks and assuming Tarek works $40$ hours per week, what is his hourly wage rate? How does this compare to the national minimum wage?

Assume that Tarek paid $$400$ for his collections. If he sold the collections today for market value and paid no sales fee or commission, what will be his total capital gain? What is this amount in terms of a percentage?