Your neighbors have a household after-tax income of $70,000. Their monthly expenses are:

e) the TAX RATE is 22.98%

CISION MAKING Monthly expense Category Monthly expense Category Car payment House payment Gasoline Phone/Internet/TV Eating out Home maintenance Insurance and taxes $1500 Groceries 200 Utilities 250 200 Savings 233 Vacation & 600 entertainment $650 250 450 1000 500 (a) What percentage of the family's expenses fit into the Needs category? (b) What percentage of the family's expenses fit into the Savings category? (c) What percentage of the family's expenses fit into the Wants category? (d) They are paying $1050 per year for fire insur- ance and $3990 per year in taxes on the house as part of their house payment. What is the monthly mortgage payment? (e) If the family pays of their total income in taxes (combined federal and state), what is their before-tax income? ome