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Problem
35. Roger's income for 2017 totaled \( \$ 29,600 \) and his expenses totaled \( \$ 32,100 \). Find Roger's net income. (a) \( \$ 2500 \) surplus (b) \( \$ 2500 \) deficit (c) \( \$ 2500 \) debt (d) \( -\$ 2500 \) surplus
Solution
Step 1 :Net Income = Income - Expenses
Step 2 :Net Income = 29600 - 32100
Step 3 :Net Income = -2500
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