Question: a) Looking at the DeVaneys current monthly budget, identify categories and amounts in their $4315 budget where they realistically might cut back $1050. (Hint: Federal

a) Looking at the DeVaneys’ current monthly budget, identify categories and amounts in their $4315 budget where they realistically might cut back $1050.

(Hint: Federal and state taxes should drop about $290 as their income drops.)

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