Wally kept track of last week’s money transactions. His
salary was $150 plus $54 in overtime and $260 in tips. His
transportation expenses were $22, his food expenses were
$60, his laundry costs were $15, his entertainment expenditures
were $58, and his rent was $185. After expenses,
did he have any money left? If so, how much?
I will be happy to check your work.
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To find out if Wally had any money left after his expenses, we need to subtract his expenses from his total earnings. Let's break it down step by step:
1. Calculate Wally's total earnings:
- Salary: $150
- Overtime: $54
- Tips: $260
Total earnings = Salary + Overtime + Tips
= $150 + $54 + $260
= $464
2. Calculate Wally's total expenses:
- Transportation expenses: $22
- Food expenses: $60
- Laundry costs: $15
- Entertainment expenditures: $58
- Rent: $185
Total expenses = Transportation expenses + Food expenses + Laundry costs + Entertainment expenditures + Rent
= $22 + $60 + $15 + $58 + $185
= $340
3. Calculate the remaining money after expenses:
Remaining money = Total earnings - Total expenses
= $464 - $340
= $124
So, Wally had $124 left after his expenses.