Question

Emily had an excellent year as a salesperson in 2011, earning $97,000. She paid $37,000 for necessities such as mortgage, food, and clothing. Her state and federal income taxes totaled $24,000. What was her discretionary income?
A. $36,000
B. $60,000
C. $73,000
D. $97,000
E. There is not enough data provided to calculate her discretionary income.

Answer

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