Henry and Stephanie Sekkide have been married for over 10 years. They both have good jobs with consistent incomes, and they are good savers. 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) 28,175
2.	Auto: 2007 Honda Pilot (cost) 24,500
3.	Henrys 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 320,000
8.	Stephanies diamond earrings 6,125
9.	The total balance remaining on their mortgage is 266,667
10.	Amount paid last month for a telephone is 500

In addition, the Sekkides provided the following information:

	Based on comparable homes listed for sale in their neighborhood, the Sekkides believe that their home value is about 8% more than what they paid for it.
	The principal portion of their mortgage payments is approximately $889 per month.
	A reliable jeweler said that Stephanies 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 Stephanies 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
ASSETS
Monetary Assets
Cash on hand	300
Savings account	45,000
Checking account	36,000
Total monetary assets	$81,300
Tangible Assets
Total tangible assets	$
Investment Assets
Mutual funds	5,565
	13,250
Bonds	10,600
Life insurance cash value	5,300
IRAs	6,625
Total investment assets	$
(1) Total Assets	$
LIABILITIES
Short-Term Liabilities
Current portion of mortgage
Credit card debt
Property taxes	2,400
Auto loan	750
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	$