Use the monthly budget below to answer the questions. $(5$ marks$)$

INCOME $($$$)$

Emmalee

$3300$

Mohsen

$3150$

TOTAL

EXPENSES $($$$)$

Fixed Expenses

Variable Expenses $($Average$)$

Mortgage

Groceries

$500$

Condominium fees

$315$

Electricity

$90$

House insurance

$28$

Heating

$160$

Car payment

$412$

Water

$45$

Car insurance

$227$

Telephone

$55$

RRSP contribution $(10\%$ of net income$)$

Internet

$35$

Cable

$55$

Gasoline

$250$

Entertainment

$200$

Clothing

$150$

Vacation fund

$200$

Gift fund

$100$

Charity fund

$100$

Total Fixed

$$3212$

Total Variable

$$1940$

Total Expenses

$$5152$

What is Emmalee and Mohsen$$s total monthly net income?

How much do they contribute to their RRSP$$s each month?

How much do they spend on mortgage each month?

What percent of their income is committed to fixed expenses?