Question

Natalie’s income statement for the month of october is shown. natalie monthly income statement for october. total wages are 3,000 dollars. total expenses are 1,070 dollars. what is natalie’s net income for the month of october? $930.00 $980.00 $1,930.00 $1,980.00

Answer 1

Natalie’s net income for the month of October is $1,930.

It is Given, Natalie's monthly income statement for October. The Total wages are 3,000 dollars and the total expenses are 1,070 dollars.

What do you mean by Net Income?

The net income of a person is the income that is left after the deduction of all expenses and costs from the total revenue.

Net Income = Total Revenue - Total expenses

Natalie’s total wage is $3,000, and her expenses as $1,070.

Natalie’s net income = $3,000 - $1,070

                                  = $1930

Therefore, Natalie’s net income for the month of October is $1,930.

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Answer 2

Answer:

C

Step-by-step explanation: