A monthly budget with expenses is shown.

Monthly Budget for a Family of Three
in San Antonio, Texas
Category Amount of Money
Rent $1,200
Food $800
Utilities $400
Gasoline $320
Auto insurance $250
Health insurance $420
Medical expenses $300
Childcare $360
Savings $300
Other $150
Problem

Which equation can be used to determine y, the minimum amount of money a family must earn to meet the requirements of this budget for one year?