Problem 14-3 (LO14.1)

Ted Riley owns a 2012 Lexus worth $39,000. He owns a home worth $330,000. He has a checking account with $600 in it and a savings account with $2,800 in it. He has a mutual fund worth $101,000. His personal assets are worth $96,000. He still owes $21,800 on his car and $198,000 on his home, and he has a balance on his credit card of $2,800. What is Teds net worth?

Net worth $