Final answer:
To calculate the net annual income for each job position, subtract the total taxes and deductions from the gross annual income. Then, divide the net annual income by 12 to calculate the monthly income.
Step-by-step explanation:
To calculate the net annual income for each job position, you would need to consider the income received after paying taxes and deducting social security and medicare. This can be done by subtracting the total taxes and deductions from the gross annual income. The formula would be:
Net Annual Income = Gross Annual Income - Total Taxes and Deductions
Once you have the net annual income for each job position, you can divide it by 12 to calculate the monthly income. For example, if the net annual income is $60,000, the monthly income would be $5,000.