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www roccorsasolvency, (d) liquidity, and (c) equity in her dominant asset. Preparing personal income and expense statement. Use Worksheet 2.2. Robyn and Matthew Scott are

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www roccorsasolvency, (d) liquidity, and (c) equity in her dominant asset. Preparing personal income and expense statement. Use Worksheet 2.2. Robyn and Matthew Scott are about to construct their income and expense statement for the year ending December 31, 2020. Robyn works full time while Matthew is finishing up graduate school. They have put together the following income and expense information for 2020: Robyn's salary $57,000 Reimbursement for travel expenses 1,950 Interest on: Savings account 110 Certificates of deposit 70 Groceries 4,150 Rent 9,600 Utilities 960 Gas and auto expenses 650 Matthew's tuition, books, and supplies 13,300 Books, magazines, and periodicals 280 Clothing and other miscellaneous expenses 2,700 Cost of photographic equipment purchased with 2,200 charge card Amount paid this year on photographic equipment 1,600 Robyn's travel expenses 1,950 Purchase of a used car (cost) 9,750 Outstanding loan balance on car 7,300 Purchase of bonds in Verizon Communications Inc. 4,900 Using the information provided, prepare an income and expense statement for the Scotts for the year ending December 31, 2020 (follow the form shown in Week

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