The Osbornes have an annual income of $66,000 and monthly expenses of $5300, and they are trying to determine whether or not they qualify for Chapter 7 bankruptcy. Their annual income is greater than that of the median annual income of their state, but they still may be eligible according to the means test. Help the Osbornes through the steps of the means test to see if they qualify. Part I: What is the Osbornes' monthly income?

Part II: What is the Osbornes' monthly income minus monthly expenses?

Part III: What is 60 times the answer to Part II?

Part IV: Is the answer to Part III greater than or less than $10,000?

Part V: Are the Osbornes eligible for Chapter 7 bankruptcy according to the means test?

the answer is c.

step-by-step explanation:

d. $180

step-by-step explanation:

if the dimensions of the room is 9ft by 12 ft, we have the area of the floor as,

so the area of the floor is 108 square feet, converting that into square yards we get,

the cost of carpet is $15 per square yard, therefore the cost of carpet for 12 square yards is,

hence, the cost of carpet is $180.

assuming the dimensions of the room be,

15 ft by 12 ft

so, the area of the floor of that room is,

we can convert 180 square feet into square yards, we know that,

1 sq ft = 0.111 sq yard

so, 180 square feet is,

so the area of floor is 20 square yards.

now, the cost of carpet is 15 dollars per square yard, therefore the cost of carpet for 20 square yards is,

so, it will cost $300.