Cheryl and Flemming Jensen are making Plans for the coming year. Information about last year's Income and Expenses well as Assets, Liabilities, and additional is provided below.

Employment income (net) Cheryl Employment income (net) Flemming Total living expenses Savings accounts Mutual funds Credit card bills Item 'Mortgage Personal property Car House $ Amount (current) $45,000 28,000 45,000 15,000 50,000 1,200 82,000 30,000 8,000 184,000