Add the total for each category but don't include the money you made.Scenario: You are a full-time college student living off-campus. You work a part-time job that pays $1,200 a month. You also qualified for scholarship that pays $100 a month. Your parents help by covering your tuition, but you are responsible for your living expenses, textbooks, transportation, and personal spending. Monthly Income: Part-time Job: $1,200 Scholarship stipend: $100 Fixed Expenses: Rent: $600 Utilities (Electricity, Water, Internet): $150 Transportation (Public Transit Pass/Gas): $100 Groceries: $200 Variable Expenses: Textbooks: $150 (spread over 4 months, about $37.50 per month) Entertainment: Eating Out: Miscellaneous (e.g., toiletries, clothes, etc.): Activity Steps: 1. Review the Scenario: Begin by reviewing the income and expenses listed above. Think about your financial priorities as a college student. Using the given income, allocate your money to cover all necessary expenses. Start with the fixed expenses and then allocate money to the variable expenses. Make sure your total expenses do not exceed your monthly income of $1,300. 2. Adjust for Unexpected Costs: Now, consider the following unexpected scenarios: o Your car breaks down, and you need $200 for repairs. o