Andy bought a home for $700,000 in San Marcos, TX with a $560,000 mortgage. Currently, the house was worth $775,000, and the mortgage balance is $455,000. Andy also has $12,000 in checking, $45,600 in savings. Additionally, he has a individual retirement account with $990,000 in it and other mutual funds with $854,000. He drives a Jeep Grand Cherokee valued at $42,000 with a loan balance of $22,000. The only other asset he has is a beach house on Padre Island valued at $950,000 inherited from his aunt. He owns this house free and clear. All of his other personal possessions have little value. How much does he currently have in total assets?

WHAT IS THE TOTAL OF BOBS LIABILTIES?

WHAT IS BOBS CURRENT NET WORTH?