Georges Personal Monthly Budget Budget

		Budget
Income		$3,850
Interest		90
TOTAL INCOME		3,940
Taxes		749
Rent		860
Vehicle Insurance		210
Food and Eating out		295
Car Payment		400
Student Loans		304
Sports and Hobbies		235
Phone and Household		100
Retirement		193
Vacations		310
Credit Cards		280
TOTAL EXPENSES		$3,936
SURPLUS (OR DEFICIT)

Georges Balance Sheet

Assets
Checking		$350
Savings		1,060
Automobile		11,600
Motorcycle		3,700
Furnishings		825
Clothes		2,100
Other Household		1,150
Sports Equipment		2,500
Collections		760
401(k)		19,400
TOTAL ASSETS		$43,445
Liabilities
Credit Cards		$3,450
Student Loans		26,000
Car Loans		2,600
TOTAL LIABILITIES		$32,050

Assume that George paid $400 for his collections. If he sold the collections today for market value and paid no sales fee or commission, what would be his total capital gain? What is this amount in terms of a percentage? (Round answer to 0 decimal place, e.g. 5275.) George's total capital gain is $_________ and amount of total capital gain in terms of percentage is ______%.