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You just got a new job last year that pays $ 6 0 , 0 0 0 a year. You determine you pay 3 0

You just got a new job last year that pays $60,000 a year. You determine you pay 30 percent of your gross income in federal, state, and local taxes. You have fixed expenses in addition to taxes of $1,800 per month and variable expenses that average $1,400 per month. Do you have a surplus or deficit for the year?

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