https://file.aiquickdraw.com/mathbot/file/1726604777119glw0ww9h.jpg

I can now view the image. Let's address the questions step-by-step:

### a) What is the total income?
To find the total income, we will sum all the "Money In" values:

- Sales from 24-31 January: £30.00
- Sales from 1-7 February: £15.00
- Sales - extra weekend opening: £25.00
- Online bulk order: £300.00

**Total Income = 30 + 15 + 25 + 300 = £370.00**

### b) What is the total expenditure?
To find the total expenditure, we will sum all the "Money Out" values:

- Wages - overtime: £140.00
- Stall hire fee: £20.00
- Supplies - tea and coffee: £8.00
- Materials - trade purchase: £30.00

**Total Expenditure = 140 + 20 + 8 + 30 = £198.00**

### c) What will the balance be on 19 February?
Starting with the balance carried forward of £640.00, we account for the income and expenditure chronologically:

1. On 1 February, income of £30.00 → New Balance: £670.00
2. On 6 February, expenditure of £140.00 → New Balance: £530.00
3. On 9 February, expenditure of £20.00 → New Balance: £510.00
4. On 11 February, income of £15.00 → New Balance: £525.00
5. On 11 February, expenditure of £8.00 → New Balance: £517.00
6. On 15 February, income of £25.00 → New Balance: £542.00
7. On 17 February, expenditure of £30.00 → New Balance: £512.00
8. On 19 February, income of £300.00 → New Balance: £812.00

**Final Balance on 19 February: £812.00**

Would you like more details on any of these steps? Here are some related questions for further exploration:

1. How would the balance change if an additional £50 expenditure occurred on 18 February?
2. If there were an unexpected income of £100 on 20 February, what would be the updated balance?
3. What percentage of the total income was earned from the bulk order?
4. If the wages overtime were reduced by 10%, how would that affect the balance on 19 February?
5. How does the net balance (income minus expenditure) compare over the first and second week of February?

**Tip:** Always keep track of both income and expenditures to maintain a healthy cash flow balance.

What is the total income, total expenditure, and the balance on 19 February based on the provided bank statement?

Learn how to calculate total income, total expenditure, and final balance from a small business bank statement. This problem involves basic arithmetic operations such as addition and subtraction, making it suitable for students in Grades 6-8.

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