year. The following information is received from the Adams family

a$.$ Create a personal income and expense statement for the Adams family. It should be similar to a corporate income statement.

b$.$ Did the Adams family have a cash surplus or cash deficit?

c$.$ If the result is a surplus, how can the Adams family use that surplus?

a$.$ Create a personal income and expense statement for the Adams family. It should be similar to a corporate income statement.

Complete the income part of the personal income and expense statement: $($Round to the nearest dollar.$)$

Personal Income and Expense Statement

Period Ended December $31,2021$

Income

Adam's salary

$

Arin's salary

Interest received

Dividends received

Total Income