a 39 The next 5 questions refer to problem 1 in Ch 16. What is Corey's Net Worth in part a.? $1700 $200 S200 S400 S1200 $1400 $1500 S1700 S1850 S1950 S2100 s2500 apter8(Chapter 9. #1 in the 7th edition): 17. In part b., what happens to Corey's Assets (A), Liabilities (L), and Net Worth (NW? A & NW down L down, NW up A down, NW up A & L down, NW same L& NW down all down 18. In part c., what happens to Corey's Assets (A), Liabilities (L), and Net Worth (NW)? A & NW down L down, NW up A down, NW up A & L down, NW same L&NW down all down 19. In part d., what happens to Corey's Assets (A), Liabilities (L), and Net Worth (NW)? A & NW down L down, NW up A down, NW up A & L down, NW same L&NW down all down 20. Of the events in parts b. thru d., which (if any) corresponds to saving on Corey's part? part b. part c. part d. parts b &c parts b&d parts c & d all 3 parts none of them . a. Corey has a mountain bike worth $300, a credit card debt of S150, 5200 in cash, a Harmon Killebrew baseball card worth $400, $1,200 in a checking account, and an electric bill due for $250. Construct Corey's balance sheet and calculate his net worth. For each remaining part, explain how the event affects Corey's assets, liabilities, and wealth. b. Corey goes to a baseball card convention and finds out that his baseball c. Corey uses $150 from his paycheck to pay off his credit card balance. The d. Corey writes a $150 check on his checking account to pay off his credit Of the events in the previous three parts, which, if any, corresponds to saving card is a worthless forgery remainder of his earnings is spent card balance. on Corey's part? (LO1)