CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter6: Business Expenses
Section: Chapter Questions
Problem 69P
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Jim Lawler spends 23% of his income on housing, 10% on food, 9% on clothing, 17% on transportation, 12% on education, 8% on recreation, 6% on miscellaneous, and saves the balance. If his savings amount to $220 per month, what are his monthly earnings?
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