5. Claude Pineau, a factory worker in Hull, Quebec, asks you to help him find out how much he is worth. From a discussion with him you find out the fol- lowing facts: His bank balance is $3650. He owns a home valued at $492 000, which has a mortgage on it of $162 360. He owns furniture and household equipment valued at $55 000. He owns a summer property valued at $225 000, which he bought entirely with money borrowed from the bank. Since the time of purchase he has paid back $80 000 of the loan. He has unpaid bills amounting to $4200. He owes his father-in-law, M. Dupuis, the sum of $50 000, which he bor- rowed interest-free several years ago at the time he bought his home. List Claude Pineau's assets in one column, his liabilities in another, and calculate his equity