As a recently - graduated finance major embarking on a career in investment banking, you naturally must own a Benz immediately. The car cost $56,640. You also must spend $6,496 on blue pin-stripe suites. Your salary this year is $84,000, and next year it will be $92,000. Your routine living expenses this year will be $68,000. You plan to make up the difference between current income and current consumption by getting a loan at a rate of 14%. You intend to repay the loan, plus interest, in one year. How much will you have left to spend next year?