Construct Financial Statements. Thomas Green, of Laramie, Wyoming, has been a retail salesclerk for six years. At age 35, he is divorced with one child, Amanda, age 7. Thomass salary is $46,000 per year. He regularly receives $400 per month for child support from Amandas mother. Thomas invests $100 each month ($50 in his mutual fund and $50 in U.S. savings bonds). Using the following information, construct a balance sheet and a cash-flow statement for Thomas.

ASSETS Vested retirement benefits (no employee Amount contribution) Money market account (includes $150 of interest 5,000 earned last year) Mutual fund (includes $200 of reinvested dividend 5,000 income from last year) Checking account Personal property Automobile U.S. savings bonds 1,000 5,000 12,000 3,000 Outstanding LIABILITIES Balance Dental bill (pays $25 per month and is included $450 in uninsured medical/dental) Visa (pays \$100 per month) 3,500 Student loan (pays $100 per month) 7,500 ANNUAL FIXED EXPENSES Amount Auto insurance Rent Utilities iPhone Cable Internet Food Uninsured medical/dental $780 12,000 2,400 980 1400 800 3,v000 1,000 ANNUAL VARIABLE EXPENSES Amount Dry cleaning Personal care $480 Gas, maintenance, license Clothes Entertainment Vacations/visitation/travel Child care Gifts Miscellaneous Federal income tax Social Security taxes Health insurance 2,120 500 2,700 3,300 5,000 400 300 5,600 3,500 2,440