"gets 4. Personal balance sheet Henry and Stephanie Sekkide have been married for over 10 years. They both have good jobs with consistent incomes, and they are good saver They believe that their financial picture is good, but they have never prepared a balance sheet. Henry and Stephanie pulled together the following items from bank statements, pay stubs, and bills. 1. Auto: 2010 Suburban (cost) 25,300 2. Auto: 2007 Honda Pilot (cost) 22,000 3. Henry's salary 45,000 4. Balance due on American Express credit card 1,350 5. Balance due on Master Card 650 6. Balance due on Visa credit card 150 7. Primary home 310,000 8. Stephanie's diamond earrings 5,500 9. The total balance remaining on their mortgage is 258,333 10. Amount paid last month for telephone 500 In addition, the Sekkide's provided the following information: Based on comparable homes listed for sale in their neighborhood, the Sekkide's believe that their home value is about 8% more than what they paid for it The principal portion of their mortgage payments is approximately $861 per month. A reliable jeweler said that Stephanie's diamond earrings could be sold at the value provided. After looking at Kelley Blue Book, they believe their cars can be sold for about 55% of original cost. Use this information to fill in the missing amounts on Henry and Stephanie's balance sheet. You can use what you checked above to make sure you accounted for everything. Note: Some amounts are given to check your work. Round your percent to the one decimal place. Balance Sheet Name: Henry and Stephanie Sekkide Date: December 31, 2017 Dollars Percent ASSETS Monetary Assets Cash on hand 200 Savings account Checking account 30,000 24 000 Total monetary assets Tangible Assets 24,000 $54,200 Total tangible assets Investment Assets Mutual funds 5,355 12,750 10,200 Bonds 7- ted Ufe insurance cash value IRAS 5,100 6,375 $ 100.0% Total Investment assets (1) Total Assets LIABILITIES Short-Term Liabilities Current portion of mortgage Credit Card debt Property taxes 2,325 Auto loan 750 Electric bil 350 agets $ Total Investment assets (1) Total Assets LIABILITIES Short-Term Llabilities $ 100.0% Current portion of mortgage Credit card debt Property taxes Auto loan 2,325 750 350 150 ted Electric bill Telephone bili Total short-term liabilities Long-Term Liabilities Long-term portion of mortgage Total long-term liabilities (2) Total Liabilities Net Worth (1) - (2) Total Liabilities and Net Worth $ $ 100.0% Grade It Now Save & Continue Continue without saving