Mary's Monthly Budget
Income $617 Fixed Expenses
Rent $150
Living Expenses Emergency Fund $30
Electric $30 Annual Expenses
Transportation $60 Car Insurance $850
Food $200 Books $400
Entertainment $40 Tuition (parents pay)

What is the monthly share of the annual expenses?

$100

$150

$104

$114

The following describes the status of Mary's budget:

It is in surplus

It is in deficit

It is balanced

The fixed expenses are what percent of Mary's income?

29.2%

20.1%

34.3%

2.9%