The following information pertains to Christopher Lee's personal finances as at August 1, 2019. Opening Balances - August 1, 2019 Cash $11,300 Contents of Home $1,600 Automobile $23,100 House $161,900 Unpaid Accounts $5,200 Bank Loan $45,600 Transactions for the month of August 2019. 1. Deposited $5,000 salary earned during the month. 2. Paid miscellaneous expenses with $900 cash. 3. Purchased new jewellry worth $2,900 with cash. 4. Paid credit card liability of $5,200 (Unpaid Accounts) in full. 5. Paid travel expenses for August with $700 cash. 6. Purchased $2,000 of groceries and goods for personal consumption with cash.