Editing highlighted in yellow, make sure you click on that. DON'T FOR GET TO SAVE. You do not have to do any math, just enter the data correctly in the right place on the sheets and the results will be calculated for you. Answers must be correct. GROSS SALARY SALARIES Terry Evelyn TAKE-HOME PAY $52,500 29,200 $76,000 42,000 Item 1. Food 2. Clothing. 3. Mortgage payments of $1.400 & property taxes are included in this figure 4. Travel and entertainment card balances 5. Gas, electric, water expenses 6. Household furnishings 7. Telephone 8. Auto loan balance 9. Common stock investments 10. Bank credit card balance 11. Federal income taxes 12. State income tax 13. Social security contributions 14. Credit card loan payments 15. Cash on hand 16. 2012 Nissan Sentra 17. Medical expenses (unreimbursed) 18. Homeowner's insurance premiums paid 19. Checking account balance 20. Auto insurance premiums paid 21. Transportation 22. Cable television 23. Estimated value of home 24. Trip to Europe 25. Recreation and entertainment 26. Auto loan payments 27. Money market account balance 28. Purchase of common stock 29. Addition to money market account 30. Mortgage on home Amount $ 5.902 2.300 11.028 2.000 1.990 4.500 640 4.650 7.500 675 22.472 5.040 9.027 2.210 85 10,500 600 1.300 485 1.600 2.800 680 185.000 5.000 4.000 2.150 2.500 7.500 500 148.000 BALANCE SHEET Name(s) Date February 7, 2013 ASSETS LIABILITIES Liquid Assets Cash on hand In checking Savings accounts Money market funds and deposits Certificates of deposit ( 1 yr. to maturity) Mutual funds Real estate Retirement funds, IRA Other Total Investments Real Property Primary residence Second home Other Total Real Property Personal Property Total Current Liabilities Long-Term Liabilities Primary residence 0mortgage Second home mortgage Real estate investment mortgage Auto loans OAppliance/furniture loans Home improvement loans Single-payment loans Education loans Auto(s): Auto(s): Recreational vehicles Household furnishing Jewelry and artwork Other Other Total Personal Property Margin loans Other long-term loans Total Long-Term Liabilities (II) Total Liabilities Net Worth |(1) - (II)) (1I)Total Assets Total Liabilities and Net Worth