Create a named range called, "income" that references the cell that calculates the total income in your budget. 2 3 create a named range called, "expenses" that references the cell that calculates the total expenses in your budget. 3 4 create a named range called, "savings" that references the cell that calculates the monthly savings in your budget. the savings calculation should be the difference between the total income and total expenses in your budget. be sure to reference the named ranges for income and expenses in your calculations.