Alex pulled together her year-end financial information, and came up with the following:

Account Name	Purpose	Investment Type	12/31/2019 Balance	2019 Rate
Checking	Cash on hand	Cash	$1,600	0%
Savings	Cash reserve	Cash	5,200	1%
Mutual fund	Buy a house	Short-term bonds	8,400	4%
401(k)	Retirement	Large cap stocks	18,800	12%
Credit card 1	Current Expenses		600	12%
Credit card 2	Current Expenses		800	18%
Student loan	College Education		12,000	4%

1. What was the value of Alexs portfolio as of Dec 31, 2019? What was her asset allocation? In other words, what percent of her portfolio was invested in stocks, what percent in bonds, and what percent in cash? (Note: For asset allocation purposes, Checking and Savings are summed and called cash.)

2. What was her portfolios 2019 return? (Note: Because Checking and Savings each have different rates of return, keep them separate when computing the portfolio return.)
3. Should credit card balances and student loan balances be included in any of your calculations? Why or why not?