Suppose that you work at the Peacock Blue store for 40 hours over 5 days at a rate of $9.75/hour. You then quit your job. Deductions are FICA (7.65%), federal withholding (12%), and state withholding

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Suppose that you work at the Peacock Blue store for 40 hours over 5 days at a rate of $9.75/hour. You then quit your job. Deductions are FICA (7.65%), federal withholding (12%), and state withholding (8%). Your expenses are transportation at $5.25/day, lunch at $3.85/day and black slacks for work at 19.95. How much is your discretionary income for the week?

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