Julia and Noah were married for 13years. They have now separated.

On valuation day, Julia the following assets-the matrimonial home held jointly with Noah worth $800,000, with a mortgage held jointly with Noah of $400,000 ,investments worth $36,000 in her name alone, and RRSP $50,000 in her name alone. The antiques crystal bowls she bought before she was married,are now worth $4,000.

At the date of marriage she had a savings account of $16,000 and a credit card debt of $6,000. She also bought antiques crystal bowls worth $2,000.

On valuation day, Noah owned the following assets-the matrimonial home held jointly with Julia worth $800,000 with a mortgage held jointly with Julia of $400,000,a stock portfolio worth $40,000 in his name alone, RRSP $80,000 in his name alone and antiques he had inherited from his grandfather uncle during the marriage now worth $20,000.

At the date of marriage he had savings of $18,000 and student debt of $12,000.

Calculate the following:

a. Each persons net worth on valuation day.

b. Each persons net family property on valuation day.

c. Calculate the equalization payment.

d. Calculate each person new net worth after the equalisation payment.