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1. value 2.50 points Problem 14-3 (LO14.1) Ted Riley owns a 2012 Lexus worth $39,500. He owns a home worth $340,000. He has a checking

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1. value 2.50 points Problem 14-3 (LO14.1) Ted Riley owns a 2012 Lexus worth $39,500. He owns a home worth $340,000. He has a checking account with $600 in it and a savings account with $2,900 in it. He has a mutual fund worth $102,000. His personal assets are worth $97,000. He still owes $22,100 on his car and $204,000 on his home, and he has a balance on his credit card of $2,900. What is Ted's net worth? Net worth

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