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Bao and Mary Jane Lee have a yearly income of $ 9 3 comma 8 4 2 9 3 , 8 4 2 and own

Bao and Mary Jane Lee have a yearly income of $93 comma 84293,842 and own a house worth $127 comma 900127,900, two cars worth a total of $ 28 comma 195$28,195 and furniture worth $14 comma 08514,085. The house has a mortgage of $85 comma 67785,677 and they have a car loan with an outstanding balance of $5 comma 8225,822. Utility bills, totaling $181181 for this month, have not been paid. Calculate their net worth, and explain what it means.
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Part 1
The value of Bao and Mary Jane's total assets are $enter your response here. (Round to the nearest dollar.)
Part 2
The value of Bao and Mary Jane's total liabilities are $enter your response here. (Round to the nearest dollar.)
Part 3
The value of Bao and Mary Jane's net worth is $enter your response here. (Round to the nearest dollar.)
Part 4
What does the calculated net worth mean?(Select the best choice below.)
A.
If the Lees sold off all their assets and paid off all their debts, they would have $78 comma 50078,500 in cash.
B.
If the Lees sold off all their assets and attempted to pay off all their debts, they would still owe $172 comma 342172,342.

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