analyze the following budget, with an income of $600, to determine how much can be spent on food for the…

analyze the following budget, with an income of $600, to determine how much can be spent on food for the month.\nmonth\tbudgeted amount\ncell phone\t$65\nfood\t$\nentertainment\t$95\ncollege savings\t$200\ncar expenses - gas, insurance\t$160\na. $210 can be spent on food.\nb. $145 can be spent on food.\nc. $80 can be spent on food.\nd. $260 can be spent on food.\nplease select the best answer from the choices provided

analyze the following budget, with an income of $600, to determine how much can be spent on food for the month.\nmonth\tbudgeted amount\ncell phone\t$65\nfood\t$\nentertainment\t$95\ncollege savings\t$200\ncar expenses - gas, insurance\t$160\na. $210 can be spent on food.\nb. $145 can be spent on food.\nc. $80 can be spent on food.\nd. $260 can be spent on food.\nplease select the best answer from the choices provided

Answer

Explanation:

Step 1: Calculate total of all known budgeted amounts

$65 + 95 + 200 + 160$

Step 2: Subtract total known expenses from income

$600 - (65 + 95 + 200 + 160)$

Answer:

B. $145 can be spent on food.