Kevin and Amy are both 31 years old and are newlyweds. They have been struggling to get their finances under control after their wedding and honeymoon. They never seem to have enough money to cover all their expenses, especially after buying their condo. When you met with them last month, you asked them to track their spending over the next month. They have sent you the following information. Item Amount Mortgage Payment $2,500 Kevin's gross income $7,500 Amy's gross income $5,100 Electronics $4,000 Car Lease Payment $500 Condo fee $400 Amy's Tax-Free Savings Account - High Interest Savings Account $7,000 Condo $500,000 Property tax $350 Heat $325 Other Utilities $800 Kevin's - income tax $1,590 Amy's - Income tax $1,210 Food $800 Entertainment/Eating Out $1,000 RRSP Contribution to Amy's RRSP $200 Kevin's Student Loan Balance $26,000 Clothing purchases Credit Card balance $19,000 Amy's RRSP Balance - Mutual fund portfolio $18,000 Kevin's Student Loan payment $750 Credit Card payment $380 Jewelry $9,000 Mortgage Balance $275,000 Chequing account $1,000 TFSA Contribution - Amy $100 Vacation (Annual amount - $7,200) $600 Gifts $200 Requirements: 1. Prepare Kevin and Amy's Net worth Statement using proper format. (5 marks) 2. Prepare Kevin and Amy's Cash