The bike<br>Max saw a bike that he wanted in a store window. Because his family was poor they could not get Max the bike. So Max decided to get a job as a paperboy. He saved all of his money that he earned daily. Eventually Max was able to purchase the bike for himself.
Mike quit his job after he purchased his bike
This is neither correct nor incorrect. It doesn't state what mike did with his job after he purchased his bike. 
( z1 quit :ARG0 ( z2 person :name ( z3 name :op "Mike" ) ) :ARG1 ( z4 job :poss z2 ) :time ( z5 after :op ( z6 purchase :ARG0 z2 :ARG1 ( z7 bike :poss z2 ) ) ) )