Jennifer Spoor is an Account Executive with IBM and was recently compiling information to provide her tax accountant in order to file her taxes. According to her end-of-year statement from IBM as well as her bank account statement, Jennifer earned $58,000 in salary, $12,000 in commission, and $1,000 in interest income. She paid $750 per month in rent for an annual amount of $9,000 and IBM withheld $15,000 in taxes. Based upon this information, how much disposable income did Jennifer have available to spend or save?

Jennifer Spoor is an Account Executive with IBM and was recently compiling information to provide her tax accountant in order to file her taxes. According to her end-of-year statement from IBM as well as her bank account statement, Jennifer earned $58,000 in salary, $12,000 in commission, and $1,000 in interest income. She paid $750 per month in rent for an annual amount of $9,000 and IBM withheld $15,000 in taxes. Based upon this information, how much disposable income did Jennifer have available to spend or save?

Jennifer Spoor is an Account Executive with IBM and was recently compiling information to provide her tax accountant in order to file her taxes. According to her end-of-year statement from IBM as well as her bank account statement, Jennifer earned $58,000 in salary, $12,000 in commission, and $1,000 in interest income. She paid $750 per month in rent for an annual amount of $9,000 and IBM withheld $15,000 in taxes. Based upon this information, how much disposable income did Jennifer have available to spend or save?


a. $56,000

b. $71,000

c. $46,000

d. $61,000


Answer: a. $56,000


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