What is Kaycie’s net income?

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What is Kaycie’s net income?



Net income of Kaycie is $1,195

Step-by-step explanation:

We are given a monthly Income statement of September 2013.

First we count total income of Kaycie’s

Income = Wages

Total Income = $2,700

Now we calculate total expenses

Kaycie’s expenses are on food, rent clothing, transportation, medical and Insurance.

Expenses = Food+Rent+Clothing+Transportation+Medical+Insurance


Total Expenses = $1,505

Net Income = Total Income – Total Expenses

Net Income = 2700 – 1505

Net Income = $1,195

Thus, Net income of Kaycie is $1,195.

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