Claudia Has $4,500 Automatically Deducted for Insurance from Her Annual

question 6

Multiple Choice

Claudia has $4,500 automatically deducted for insurance from her annual salary of $60,000. 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