Use Worksheet 2.2. Ross and Cindy Adams are about to construct their income and expense statement for the year ending December 31, 2015. They have put together the following income and expense information for 2015:

Cindy’s salary....................................$47,000

Reimbursement for travel expenses ............ 1,950

Interest on:

Savings account .............................................................................. 110

Bonds of Gamma Corporation..................... 70

Groceries ....................... 4,150

Rent ........................ 9,600

Utilities ...................... 960

Gas and auto expenses ................ 650

Ross’s tuition, books, and supplies ............ 3,300