The financial information below is for Mike Ross who teaches accounting on a part-time basis. He prepares his personal statements quarterly during the year. How much has been added to or deducted from Mikes net worth for the year of 2022 in the first quarter? Quarter 1 Quarter 2 Quarter 3 Cash $1,800 $3,200 $3,400 Investments $50,000 $45,000 $48,000 Bank Loan $1,000 $2,000 $3,000 Revenue $3,200 $3,100 $2,500 Entertainment Expense $400 $600 $800 Food Expense $1,600 $1,300 $1,200 Insurance Expense $150 $200 $300 Interest Expense $175 $240 $320 Unpaid Accounts $400 $700 $800 Select one: a. $760 added to net worth b. Cannot be determined c. $875 deducted from net worth d. $875 added to net worth