What are the total expenses for Jan 1- Dec 31 from the below information?
Balances as of December 31, 20XX, some expenses are monthly, quarterly, or annually.
Latoya’s Net (After-Tax) Salary (Real Estate Manager)............................ $ 70,000
Sam’s Net (After-Tax) Salary (Videographer).......................................... $ 45,000
401k annual contribution rate (for both, from net Salary)...................... 2%
401k balances...................................................................................... $ 4,000
Sam’s Annual Income from Winnings (Axe Throwing Pro)....................... $ 15,000
Current Monthly Rent.......................................................................... $ 1,850
2015 Chevy Sonic Trade-in Value.......................................................... $ 11,500
Jewelry................................................................................................ $ 6,500
Checking Account Balance.................................................................... $ 1,500
Savings Account Balance...................................................................... $ 4,500
Car Fund Money Market Account Balance............................................. $ 3,500
Sam’s Custom Axe Set.......................................................................... $ 2,800
Roth IRA Account................................................................................. $ 1,200
Schwab Brokerage Account.................................................................. $ 6,352
Sonic Loan Balance, GM Financial Credit............................................... $ 5,068
BOA Credit Card Balance (used for expenses, paid-in-full each month).... $ 2,350
Groceries (Monthly)............................................................................. $ 1,400
Dining out (monthly)............................................................................ $ 1,800
Renter’s Insurance (Annual).................................................................. $ 280
Auto Insurance (Monthly)..................................................................... $ 116
Gasoline (Monthly).............................................................................. $ 140
Auto Maintenance (Annual).................................................................. $ 1,200
Entertainment (Netflix, Axe Throwing, monthly).................................... $ 400
New Home Savings Fund Balance.......................................................... $ 8,000
New Home monthly savings ................................................................. $ 800
Annual Vacations................................................................................. $ 6,000
Water/city utilities and Electricity......................................................... $ 245
Cell Phones, Internet, and TV................................................................ $ 490
Annual charitable................................................................................. $ 13,000
Student loan balance........................................................................... $ 13,475
Monthly Student loan payment............................................................ $ 385
Monthly Auto loan Payment................................................................. $ 362
Car Savings (monthly)........................................................................... $ 400
Miscellaneous Expenses (monthly)........................................................ $ 500
