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Determine the following: Net Worth for Year 1, 2 and 3. Show Calculation. Income from Unknow Sources for year 2 and 3. Show Calculation Write

Determine the following:

  1. Net Worth for Year 1, 2 and 3. Show Calculation.
  2. Income from Unknow Sources for year 2 and 3. Show Calculation
  3. Write in detail the explanation you would give to the judge and the other party in the room of the result of income from unknow sources of year 2 and 3 and what this represents and means.
image text in transcribed \begin{tabular}{|l|c|c|c|} \hline & Year 1 & Year 2 & Year 3 \\ \hline Home & $220,000 & $220,000 & $220,000 \\ \hline Car & 25,000 & 25,000 & 50,000 \\ \hline Investments & 40,000 & 50,000 & 65,000 \\ \hline Bank account & 3,000 & 7,000 & 10,000 \\ \hline Total Assets & $288,000 & $302,000 & $345,000 \\ \hline & & & \\ \hline Home loan & $200,000 & $150,000 & $100,000 \\ \hline Auto loan & 20,000 & 0 & 0 \\ \hline Student loan & 40,000 & 20,000 & 0 \\ \hline Total Liabilities & S260,000 & S170,000 & S100,000 \\ \hline & & & \\ \hline Salary & & S95,000 & S105,000 \\ \hline Investments & & 4,000 & 10,000 \\ \hline Inheritance & & 6,000 & 0 \\ \hline Total Income & & S105,000 & S115,000 \\ \hline & & & \\ \hline Home loan & & S13,200 & S13,200 \\ \hline Auto loan & & 9,600 & 9,600 \\ \hline Other living & & 20,000 & 22,000 \\ \hline Wedding & & 4,000 & 0 \\ \hline Total Expenses & & S46,800 & S44,800 \\ \hline \end{tabular}

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