Answer:
Net income of Kaycie is $1,195
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
Expenses=210+975+90+120+60+50
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.