Landon and Naomi Gray are preparing their cash budget. Help the Grays reconcile the following differences, giving reasons to support your answers. 

a. Their only source of income is Landon’s salary, which amounts to $5,000 a month before taxes. Landon wants to show the $5,000 as their monthly income, whereas Naomi argues that his take-home pay of $3,917 is the correct value to show.

b. Naomi wants to make a provision for fun money, an idea that Landon cannot understand. He asks, “Why do we need fun money when everything is provided for in the budget?”