Question

Each month, Edward budgets $1860 for fixed expenses, $860 for living expenses, and $250 for annual expenses. His annual net income is $32,508. Which statement best describes his monthly budget?

It shows a surplus of $261
It shows a deficit of $261
It shows a deficit of $180
it is balanced

Answer 1

I think it’s// D. It is balanced

Answer 2

The answer is (D) It is balanced