Decide whether the statement makes sense. Explain your reasoning.
-My annual income after tax is only $25,000. I need to cut back on my nonessential
spending. Something has to go - either the mango smoothies, the movies, or the vacation. I
figure it's the vacation that is making the biggest dent in my budget. I take a vacation once
a year which costs about $1200. I go to the movies once a week and spend a total of $18
and I have a mango smoothie every day at my favorite cafe. It costs $4.50 plus tax.
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