2. Calculating Net Worth and Net Surplus.

Jennifer Pontesso, from Lincoln, Nebraska, wants to better under- stand her financial situation. Use the following balance sheet and cash flow statement information to determine her net worth and her net surplus for a recent month. Liquid assets: $10,000; home value: $210,000; monthly mortgage payment: $1,300 on $170,000 mortgage; investment assets: $90,000; personal property: $20,000; total assets: $330,000; short-term debt: $5,500 ($250 a month); total debt: $175,500; monthly gross income: $9,000; monthly disposable income: $6,800; monthly expenses: $6,000.