Calculate the Debt Ratio based on the information below show all work for credit) $ 500 $ 1.200 $ 350 $ 8,000 $ 500 $ 90 $ 2.290 $5,600 S 9.000 $ 105,000 $ 100,000 $ 9,000 Assets Cash Checking Savings CD: Money Market Funds Other Monetary Assets Monetary Assets Mutual Funds Stocks Bonds Life Insurance (cash-value) Cash Value of Annuities Investment Real Estate (REITE partnerships) Other investments Investments 401(k) and 403(b) Company Pension Keogh Liabilities Current Bills (unpaid balance) Visa Master Card Other Credit Cards Credit Card Debt First Mortgage 2nd Home Mortgage Home Equity Loan Other Housing Debt Housing Automobile 1 Automobile 2 Other Automobile Loans L. Automobile Loans College Loans Loans on Life Insurance Policies Bank Loans Installment Loans Other Other Debts $ 214,000 $3,000 $ 5,600 $ 2,500 $3,000 $4,000 TRA $ 8,000 $1,000 $5,000 $ 10,500 $ 170,000 S- Total Debt (add limes I through MD) $ 230.350 Other Retirement Plans Retirement Plans Primary Residence 2nd Home Time-Shares Condominiums Other Housing Housing (market value) Automobile 1 Automobile 2 Other Automobiles Net Worth $ 170,000 $ 8.000 Total Assets Less: Total Debt Equals: Net Worth $ 207.390 $ 230,350 5 (22.960) $ 8,000 Automobiles Collectibles Boats Furniture Other Personal Property Personal Property Money Owed You Market Value of Your Business Other Other Assets $ 11,000 $ 11,000 F. Total Assets (add lines A through G) $207,390 Income Wages and salaries Wage Earner 1 Wage Earner 2 Total Wages and salaries +Interest and Dividends + Rovalties. Commissions and Rents + Other Income A. Total Income $57,500 $57,500 $ 720 $ 58,220 Taxes Federal Income and Social Security + State Income B. Total Income Taxes $ 11,830 S 1.880 $ 13,710 S 44,510 C. After-Tax Income Available for Living Expenditures or Take-Home Pay (line A minus line B) Living Expenses Housing Rent + Mortgage Payments + Utilities Maintenance, Taxes, Furniture, Other D. Total Housing Expenditures $ 19,656 $ 10,820 $ 30,476 Food Food and Supplies +Restaurant Expenses $ 5,800 $ 1,400 E. Total Food Expenditures $ 7,200 Clothing and Personal Care F. Total Clothing and Personal Care Expenditures $ 2,590 Transportation Automobile Purchase + Pavments + Gas, Tolls, Parking. Other G. Total Transportation Expenditures $ 2.588 $1.550 $ 4.138 Recreation + Vacations + Other Recreation Expenses H. Total Recreation Expenditures $ 2,000 $ 1,700 $ 3,700 Medical Expenditures I. Total Medical Expenditures $ 410 Insurance Expenditures Health + Life + Automobile + Disability J. Total Insurance Expenditures $ 420 $ 1,260 $ 260 $ 1,940 Other Expenditures Educational Expenditures (college loan payment) + Child Care + Other Expenses K. Total Other Expenditures $ 1,600 $ 180 $ 1,780 S 52,234 $(7.724) L. Total Living Expenditures (add lines D-K) M Income Available for Savings and Investment