realizes that she must stay on track and keep a detailed budget if she is to realize her dream of being self-employed after college graduation. Use the information below to record Jamie Lee's inflows and outflows of cash for a one-month period. Each answer must have a value for the assignment to be complete. Enter "0" for any unused categories. Current Financial Situation Assets: Monthly Expenses: Checking account $1,250 Rent obligation $275 Emergency fund savings account $3,100 Utilities/electricity $80 Car $4,000 Utilities/water $45 Computer & iPad $500 Utilities/cable TV $60 Liabilities: Food $120 Student loan $5,400 Gas/maintenance $100 Credit card balance $400 Credit card payment $50 Income: Car insurance $50 Gross monthly salary $2,125 Clothing $50 Net monthly salary $1,560 Entertainment: Savings allocation: Cake decorating class $35 Regular savings $150 Movies with friends $50 Rainy day savings $25