Mr. Tony Lai is being investigation for an alleged illegal activity which occur in 2019 and 2020. This means that the investigator must develop financial profiled for the years 2018 (base year) and 2019 and 2020. Below on below data and description, using net worth analysis formula for calculation and shown in a table.

(a). it was determine that as of 2018/12/31 Mr. Tommy had $1,000 cash on hand.

(b). on 2018/12/31 Mr. Tommy's bank account reflected a balance of $1,500.

- on 2019/12/31 it contained $4,750

- on 2020/12/31 it contained $5,225

- in 2019 the account earned interest of $250

- in 2020 the account earned interest of $475

- in 2019 total deposits were $22,160 and redeposits $660

- in 2020 total deposits were $19,585 and redeposits were $100

(c). as of 2018, Tommy owned $1,000 worth of jewellery

- in 2019 he purchased jewellery worth $5,000

- in 2020 he purchased jewellery worth $6,000

(d) sometime during 2018, Tommy purchased a boat costing $17,500

- he still owned the boat as on 2020/12/31

(e) during 2020, Tommy purchased a car for $18,250 for which he paid cash

(f) on 2019/01/01 Tommy purchased a residential property for $150,000

- he paid a deposit of $50,000 towards the purchase and financed the balance free of interest

(g) as of 2018/12/31, Tommy was in dept with a financial service provider by an amount of $275 interest free

- no payments were made during 2019 or 2020 towards settling this debt

(h) on 2019/06/30 Tommy borrowed $3,000, free of interest, from a ABC lender

- as from 2019/07/01 he made monthly payments of $100

(i) as from 2019/01/01, Tommy started to make payments of $500 per month on his new residence

- he made 12 similar payments during 2019 and 12 similar payments in 2020

(j) During 2019, Tommy paid $1,460 on his credit cards and in 2020 he paid $3,000 on his credit cards

(k) Tommy's living expenses in addition to those listed above from (a) through to (j) were determined to be as follows:

- in 2019 his expenses totalled $11,000

- in 2020 his expenses totalled $10,000

(i) Tommy earned $25,200 from his job in 2019 and $22,200 in 2020