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Read the paragraph statemnet and fill in all the missing blanks Open the attached Net Worth Statement. Using the infomation below - fill in the
Read the paragraph statemnet and fill in all the missing blanks
Open the attached Net Worth Statement. Using the infomation below - fill in the Net Worth Statment Walker has $15.00 in his wallet. In his checking account he has $6,500.00 and in his savings account he has $12,450.00. He looked up the value of his home yesterday and it is worth $275,000.00 but he still owes $115,000.00 on his home. He moved into his house not too long ago and is still buying things but he has about $24,000.00 worth of furniture and appliances in his home. He bought some stock awhile back and has $750.00 worth of stock. Walker is currently driving a 2006 Lexus GX that has 65,000 miles, which has a current trade in value of $21,350. Walker still owes $12,500 on his car. Walker has $50,000 in his life insurance policy He has three credit cards because his medical bills started piling up. His balance on the credit cards are as follows: $500.00, $2,568.32, $8,421.59. He is paying off his wife's student loans which total up to $9,500.12 NET WORTH STATEMENT WORKSHEET A networth statement sepshot of the cument you of your frience holdings. Keep in mind that the markets of your asses can change. You should update youre worth storment et lesstany Assets Liabilities Cash on hand $45.00 $115,000.00 Mortgage Home Early Loan or line of Credit Other Real Estate Los $12.500,00 Auto Loan or Lene Credit Card Balances $11,48991 Cash in Checking $6,500.00 Cash in bank or credit union $12.500.00 Sarings Account Money Blaricel Account MaricetValue of Your Home $275,000.00 Estimated Value of $2400000 Household terra Market Value of Other Resi 5. Eslate investment procent These cet home Student Loore $9,500 12 Deinquent Totes 2016 Los Personal neecured Loans Stoces $150.00 Felgence Long Bonds Otherebbe Mutual Funds 5 Marc Value of Vehicles $21,350.00 $50 000.00 Cash Value Life Insurance Current Value of 40 pian or restenent Account 3 individus Retirement Account SARA Estimated Vool Personales Others 5 Total Assets $380,086.00 Total Liabilities 513200 NET WORTH Step by Step Solution
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