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Bob bought a home for $300,000 in San Marcos, TX on January 1, 2016, with a $270,000 loan. Currently, the house was worth $230,000, and

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Bob bought a home for $300,000 in San Marcos, TX on January 1, 2016, with a $270,000 loan. Currently, the house was worth $230,000, and the mortgage balance is $260,000. Allen also has $2,000 in checking, $5,600 in savings. Additionally, he has two hunting rifles, a Beretta Silver Pigeon 1 Sporting Over/Under Shotgun valued at $1,899 and a Remington 7600 valued at $400. The car he drives is leased, there are no outstanding debts and all of his personal possessions had little value. What is his current net worth

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