As the owner of a women's clothing store,Caroline Lipscomb has an income of $75,000.She pays $30,000 per year in taxes and another $17,000 per year for grocery bills,home mortgage payments,and car payments.Last year she went on a holiday to Italy and spent an additional $4,000.What was Caroline's discretionary income last year?
A) $45,000
B) $75,000
C) $26,000
D) $28,000
E) The information given is insufficient.
Correct Answer:
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