Sammy makes $2,362/month as a baseball coach. he is making a budget, and has created the following chart in order to divide his monthly paycheck into his various accounts: expense type frequency account monthly amount items essential (fixed) monthly checking $1,292 rent, car, insurance essential (variable) monthly checking $420 basic groceries, telephone, electricity, cable tv, batting practice non-essential monthly cash $260 snack items, restaurants, gifts, movies other (predictable) annual savings $130 health exams, clothing, food, baseball coach magazine other (unpredictable) annual emergency savings $210 non-insured healthcare, repairs, and income replacement other (long-term) 5 years vacation savings $50 vacation total $2,362 sammy makes monthly deposits from each paycheck into the various accounts, and then spends from those accounts only for their defined purposes. he knows that it is not a perfect system, but thinks that it will to assure coverage for future expenses. using his essential expenses as a guideline, how much will sammy need to save if he wants to have 3 times the amount of his living expenses in the bank as part of his emergency savings. how long will it take him to achieve his goal? a. $1,712; approximately 8 months b. $5,136; approximately 24 months c. $6,486; approximately 30 months d. $2,162; approximately 6 months