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Problem:

Given the following information, calculate cash inflows, cash outflows, and cash surplus or deficit for Tim Calibe.

Gross Salary $5,550
Deductions $1,650
Interest Earned $25
Rent $950
Parking $225
Food & Dining out $345
Clothing $100
Insurance (home, auto) $150
Cell phone $50

Please explain in detail and show all work.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147416

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