Questions: A contractor figured a job at 66,719.47. If they have already spent 23,830.89 for materials and 14,054.23 on labor, how much money is left in the budget for this job?

A contractor figured a job at 66,719.47. If they have already spent 23,830.89 for materials and 14,054.23 on labor, how much money is left in the budget for this job?
Transcript text: A contractor figured a job at $\$ 66,719.47$. If they have already spent $\$ 23,830.89$ for materials and $\$ 14,054.23$ on labor, how much money is left in the budget for this job?
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Solution

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Solution Steps

Step 1: Calculate the total amount spent

Add the amount spent on materials and labor: \[ \$23,830.89 + \$14,054.23 = \$37,885.12 \]

Step 2: Subtract the total spent from the initial budget

Subtract the total amount spent from the initial budget to find the remaining amount: \[ \$66,719.47 - \$37,885.12 = \$28,834.35 \]

Step 3: Present the final result

The remaining amount in the budget is: \[ \$28,834.35 \]

Final Answer

\(\boxed{\$28,834.35}\)

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