Question 6 A household has the following statistics related to Balance Sheet and annual Cash Flow: Balance Sheet Items: Cash CD Savings Account Balance Credit Card Debt Current Year Portion of mortgage in Dollars 2,500 12,000 3,500 9,500 7,800 Cash Flow Items: Salary Dividend Income Discretionary Expenses Nondiscretionary Expenses Debt Repayment Retirement Investments Capital Expenditure Compute the Emergency Fund Ratio. 115,000 1,500 8,000 28,975 8,700 15,500