INSTRUCTIONS

1.. Create an annual Income Table containing 2 columns and 5 rows corresponding to the following income categories:

Annual Gross Income/ Wages = $44,976

Tax paid = 19 cents for each $1 over $18,200

Net Income = Gross Income less Tax paid

Income from government allowances: $67 per fortnight

Miscellaneous, or other income: $35 per week

2. Create an Expenses table containing columns for the following 6 months of the year: Jul, Aug, Sep, Oct, Nov, and Dec of 2021. To add 8 rows corresponding to the following expenses categories. Make sure to fill up each cell with various amounts (It is okay for Rent, Phone and Internet to have similar payment throughout the year). 1) Rent or Mortgage payment. 2) Utility Bills (Water, Gas, Electricity, Council Rates). 3) Groceries/ Household Food.