Answer:
The months which have expenses greater than the income are:
January and February.
In January the lost was $85.6
In February the lost was $162.44
Explanation:
Consider the provided table.
For January:
Income is $1,205 and Expenses is $1,290.60
Here, it is clear that expense is more than income because $1,290.60>$1,205
Now find how much money was lost by subtracting the income from expense.
1290.60 - 1205 = 85.6
Hence, January's expenses is greater than the income and the lost was $85.6
For February:
Income is $1,183 and Expenses is $1,345.44
Here, it is clear that expense is more than income because $1,345.44 >$1,183
Now find how much money was lost by subtracting the income from expense.
1,345.44 - 1,183 = $162.44
Hence, February's expenses is greater than the income and the lost was $162.44
For March:
Income is $1,664 and Expenses is $1,664.00
Here, it is clear that expense is equal to income because both the numbers are same. So, there must be no lost.
For June:
Income is $2,413 and Expenses is $2,106.23
Here, expense is less than income as $2,106.23 < $2,413
So, there must be no lost as income is more.
For July:
Income is $2,260 and Expenses is $1,958.50
Here, expense is less than income as $1,958.50 < $2,260
So, there must be no lost as income is more.
For August:
Income is $2,183 and Expenses is $1,845.12
Here, expense is less than income as $1,845.12< $2,183
So, there must be no lost as income is more.