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Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.Balance Sheet and Cash Flow ItemsRent

Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.Balance Sheet and Cash Flow ItemsRent for the month$ 1,240Monthly take-home salary$ 3,750Cash in checking account900Savings account balance2,730Spending for food1,230Balance of educational loan3,100Current value of automobile8,340Telephone bill paid for month92Credit card balance259Loan payment154Auto insurance235Household possessions3,940Home entertainment system2,940Payment for electricity146Lunches/parking at work227Donations126Computers2,330Value of stock investment960Clothing purchase149Restaurant spending151

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