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Assets Liquid Assets Checking account Money market fund Life Insurance cash value $12,000 40,000 52,000 104,000 Investment Assets AT&T Stock GM Bonds Mutual Funds 401(k)

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Assets Liquid Assets Checking account Money market fund Life Insurance cash value $12,000 40,000 52,000 104,000 Investment Assets AT&T Stock GM Bonds Mutual Funds 401(k) 401(k) Roth IRA $42,000 110,000 75,000 136,500 214,800 24,000 602,300 Real Estate and Personal Possessions Residence Vacation home SUV Sedan Jewelry Household Items Total Assets Liabilities Current ishilities rev 3 of 16 5 Next Liabilities Current Liabilities $3,500 Chase credit ard HSBC credit card 2,100 5,600 Long-term Liabilities SUV loan Sedan loarn Student loan Mortgage on residence Mortgage on vacation home $18,000 20,000 5,200 45,000 $478,200 483,800 Total Liabilities Net Worth Total Liabilities and Net Worth $ 793,000 $ 1,276,800 O 2014 Keir Educational Resources Calculate the missing values for the highlighted items in the balance sheet. Total Real Estate and Personal Possessions: $867001 Total Assets: $793000 Mortgage on Residence: $ 290000

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