Statement of Financial Position John and Mary Kemp Balance Sheet / Statement of Financial Worth As of December 31, 2019 Assets(1) Liabilities & Net Worth(2) Cash and Equivalents Liabilities (Current) JT Cash & Checking $ 5,000 Credit Card Debt $ 14,708 JT Savings Account 945,000 Current Portion - Primary Residence H Certificate of Deposits 180,000 Current Portion - Vacation Home Total Cash and Equivalents $ 1,130,000 Total Current Liabilities $ 14,708 Invested Assets Liabilities (Long-Term) IT Stock Portfolio $ 940,000 Long-Term Portion - Primary Residence $ H Mutual Fund Portfolio 2,907,682 Long-Term Portion - Vacation Home H Installment Receivable Total Liabilities Long-Term $ H 401(k) Account - John 1,054,540 W 401(k) Account - Mary 105,000 Total Liabilities $ 14,708 W Cash Value of Universal Life Insurance #2 H Annuity Policy (3) 74,000 Total Invested Assets $ 5,081,222 Personal-Use Assets JT Primary Residence (4) $ 900,000 H Vacation Home (5) 750,000 H Auto - 2017 Chevy SUV 35,000 W Auto - 2016 Chevy Automobile 20,000 Net Worth $ 8,871,515 JT Furniture & Personal Property 150,000 H 2018 Sea Ray 19" Boat 95,000 H 1918 Inverted Jenny Stamp 725,000 Total Use Assets 2,675,000 Total Assets $ 8,886,222 Total Liabilities & Net Worth $ 8,886,222