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comes to you for help in preparing it. So far, she has made the following list of her assets and liabilities as of June 30,

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comes to you for help in preparing it. So far, she has made the following list of her assets and liabilities as of June 30, 2016: Cash on hand $ 70 Balance in checking account 180 Balance in money market deposit account with 600 Southwest Savings Bills outstanding: Telephone $ 20 Electricity 70 Charge account balance 190 Visa 180 MasterCard 220 Taxes 400 Insurance 220 $1,300 Condo and property 65,000 Condo mortgage loan 50.000 Automobile: 2016 Honda Civic 12,000 Installment loan balances: Auto loans 3,000 Furniture loan 500 3,500 Personal property: Furniture 1,050 Clothing 900 1,950 Investments: U.S. government savings bonds 500 Apple Stock 3,000 3,500 From the data given, prepare Katie Wright's balance sheet, dated June 30, 2020 (follow the balance sheet form shown in Worksheet 2.1). Then evaluate her balance sheet relative to the following factors: (a) solvency, (b) liquidity, and (c) equity in her dominant asset. Name(s): Katie Wright Assets Liquid assets: Cash on hand In checking Savings accounts Money Market funds and deposits Statem and Budgets Balance Sheet Date: 30-Jun-20 Liabilities and Net Worth Current liabilities: 70 Utilities 180 Rent 600 Insurance premiums Taxes Medical/dental bills Repair bills 90 220 400 Certificates of deposit (

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