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Jay & Jessica Haim have the following assets: Chequing account ($3,000), cash ($500), saving account ($2,500), home ($185,000), cars ($25,000), furniture ($20,000), and investments ($65,000); and the following liabilities: Mortgage ($93,000), car loan ($3,750), credit card balance ($10,000), student loans ($25,000), and furniture loan-6months ($4,500). What are their current liabilities? What are their long-term liabilities? What is their net worth? Jay and Jessica would like to trade in one of their cars, which has a fair market value of $8,000, for new one with a fair market value of $34,000. The dealer will take their car and provide a $26,000 loan for the new car. If they make this deal, what will be the effect on their net worth? What is Jay and Jessica's current ratio? What is their debt-to-asset ratio? [6 pts] (Show your calculations)