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4. Balance sheet - Not worth and interpreting the data The following is a partial balance sheet for Andy and Nm Garza. Complete the balance

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4. Balance sheet - Not worth and interpreting the data The following is a partial balance sheet for Andy and Nm Garza. Complete the balance sheet by determining their total assets, total current liabilities. long-term liabsiber, and fvet worth. It isnit fust the Dreparation of a balance thete bet the interpretation of the data that ran reveal a family's fithandal condition. Andy and kina Garza are Doth age 44. Uving data from the 2012 federal feserpe didebn fahown) and the Gisras'halance sheet, what conclusions citn vou draw? :Assignment - using Financial Statements and Budgets With their balance sheet in place, Andy and Kim can compare their total liabilities to their total assets to generate a more realistic view of their current Wealth position. The federai Reserve Eullebin provides data on median net wanth, broken down by age brackers. - Based on the Fedorar Reserve fuelietin data, the Garzas are - Their - Based on their llabilites, it unexpected oxpenses. - Their balance oheer ists their house ar 85 higher than the purchase price. The equity in their home inh

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