From her annual salary of $60,000,Claudia has $4,500 automatically deducted for insurance on an annual basis.Additionally,$7,500 is deducted each year in taxes.When preparing her personal income statement,what figure should Claudia enter for her income?
A)$55,500
B)$48,000
C)$52,500
D)$60,000

Question

Quizplus · Accepted Answer

Claudia's income statement should reflect her total annual salary before any deductions, which is $60,000.

From Her Annual Salary of $60,000,Claudia Has $4,500 Automatically Deducted