You earn $17.50/hr and work 40 hr/wk. Your deductions are FICA (7.65%), federal tax withholding (12.3%), and state tax withholding (6.2%). Your housing and fixed expenses are 30% of your realized income per month. You want to save 5 months' worth in an emergency fund within a year. After saving each month’s emergency fund money, how much discretionary money remains per month? $994.56

$1,092.24

$1,207.03

$1,188.98