Question 29 Using the following information about the family's assets and liabilities, calculate the total liabilities: Checking account: $3,000 Savings account: $13,000 Credit card balance: $5,500 . Utility bill: $500 Home: $320,000 Mortgage (30 years): $210,000 . . . Car: $25,000 Car loan (60 months): $18,000 Student loan (7 years): $25,000 Household items: $15,000 Retirement account: $64,000 Other assets: $39,000 . . . . . A) $258,500