The following financial information is provided by Ray: a) Rent paid in advance for the next two months, $6,500 b) Monthly gross salary, $21,850 c) Spending for food, $3,450 d) Cash in checking account, $4,500 e) Savings account balance, $18,900 f) Balance of car loan, $21,600 g) Current value of car, $8,800 h) Paid telephone bills which were due 3 months ago, $650 i) Credit card balance, $2,350 j) Car loan paid, $800 k) Car insurance premium paid, $2,300 l) Household possessions, $34,000 m) Electricity expense paid, $900 n) Parking fees paid, $1,800 o) Donations paid, $1,600 p) Personal computer, $1,200 q) Current value of share investment, $8,600 r) Spending on clothing purchase, $1,100 s) Dine-out spending, $1,500 t) Monthly Mandatory Provident Fund, $1,450 u) Bank interest received, $50 v) Purchase price of share investment, $10,900 A)Identify and calculate total assets, total liabilities ,total cash inflow and total cash outflow ,Your workings should include the descriptions of individual items. B) Calculate and interpret Ray's debt ratio and debt-payments ratio. (6 marks)