QuestionJuly 16, 2025

How much net income (take-home pay) has Barney made all year long? a 877.23 b. 231.71 C 1095.00

How much net income (take-home pay) has Barney made all year long? a 877.23 b. 231.71 C 1095.00
How much net income (take-home pay) has Barney made all year long?
a 877.23
b. 231.71
C 1095.00

Solution
4.2(203 votes)

Answer

Barney has a net loss of \ 13.94. Explanation 1. Identify Total Income Barney's total income is given as C = \ 1095.00. 2. Calculate Deductions Subtract deductions from total income: D = \ 877.23 + \ 231.71 = \ 1108.94. 3. Calculate Net Income Net income is total income minus deductions: N = C - D = \ 1095.00 - \ 1108.94 = -\ 13.94.

Explanation

1. Identify Total Income<br /> Barney's total income is given as $C = \$ 1095.00$.<br /><br />2. Calculate Deductions<br /> Subtract deductions from total income: $D = \$ 877.23 + \$ 231.71 = \$ 1108.94$.<br /><br />3. Calculate Net Income<br /> Net income is total income minus deductions: $N = C - D = \$ 1095.00 - \$ 1108.94 = -\$ 13.94$.
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