https://file.aiquickdraw.com/mathbot/file/1726875040665h0fhc55q.jpg

Based on the provided image of Jamie Lee Jackson's financial information, I will help fill out the chart for cash inflows and outflows.

### Step-by-Step Calculation:

#### Cash Inflows:
- **Salary (take-home)**: $2,155
- **Other Income**: $0 (since no other income is mentioned)

So, the inflows section would look like:
- **Salary (take-home)**: $2,155
- **Other income**: $0
- **Total**: $2,155

#### Cash Outflows:

1. **Fixed Expenses:**
   - **Rent Obligation**: $225
   - **Loan/Credit Card Payment**: $60 (credit card) + $300 (student loan) = $360
   - **Insurance**: $45 (car insurance)
   - **Other**: $0 (no other fixed expenses mentioned)

   Total Fixed Outflows: $225 + $360 + $45 = **$630**

2. **Variable Expenses:**
   - **Food**: $115
   - **Clothing**: $45
   - **Electricity**: $135 (Utilities/electricity)
   - **Telephone**: $0 (Father pays for her phone)
   - **Water**: $35 (Utilities/water)
   - **Transportation**: $50 (Gas/maintenance)
   - **Personal Care**: $0 (no mention of personal care)
   - **Medical Expenses**: $0 (no mention of medical expenses)
   - **Recreation/Entertainment**: $90 (Cake decorating class) + $50 (Movies with friends) = $140
   - **Gifts**: $0 (no mention of gifts)
   - **Donations**: $0 (no mention of donations)
   - **Cable**: $125 (Utilities/cable TV)
   - **Other**: $0 (no other variable expenses mentioned)

   Total Variable Outflows: $115 + $45 + $135 + $35 + $50 + $140 + $125 = **$645**

Now that we have calculated inflows and outflows:

#### Summary:
- **Cash Inflows**: $2,155
- **Cash Outflows (Total Fixed)**: $630
- **Cash Outflows (Total Variable)**: $645
- **Total Cash Outflows**: $630 + $645 = **$1,275**

Now, the chart can be filled as follows:

### Cash Inflows:
- **Salary (take-home)**: $2,155
- **Other income**: $0
- **Total**: $2,155

### Cash Outflows:
#### Fixed Expenses:
- **Mortgage or rent**: $225
- **Loan/credit card payment**: $360
- **Insurance**: $45
- **Other**: $0
- **Total fixed outflows**: $630

#### Variable Expenses:
- **Food**: $115
- **Clothing**: $45
- **Electricity**: $135
- **Telephone**: $0
- **Water**: $35
- **Transportation**: $50
- **Personal care**: $0
- **Medical expenses**: $0
- **Recreation/entertainment**: $140
- **Gifts**: $0
- **Donations**: $0
- **Cable**: $125
- **Other**: $0
- **Total variable outflows**: $645

Let me know if you want further details or have questions.

Here are 5 questions that could help expand understanding:
1. How would Jamie Lee's budget change if she reduced her entertainment expenses?
2. What strategies could Jamie Lee use to increase her savings rate?
3. How much more does Jamie Lee need to save monthly to reach her $7,500 goal?
4. What impact would a reduction in utilities have on her overall budget?
5. Could Jamie Lee consider reallocating funds to speed up debt repayment?

**Tip**: Regularly reviewing and adjusting your budget can help you stay on track with savings goals.

Fill out the chart for Jamie Lee Jackson's financial situation, including cash inflows and outflows.

Learn how to budget for a college student by analyzing Jamie Lee Jackson's financial situation. This problem covers key financial concepts such as income, expenses, and saving strategies, making it perfect for students in Grades 9-12.

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