This is one full study question. Is someone able to answer the following components of the question for me? a,b,c,d

Kira is 32 years of age and works full time for a manufacturing company as a supervisor. She earns $4,200 a month, net. She has no other sources of income. Her employer offers her benefits, including a Group RRSP. The employer matches 50% of her RRSP contribution, which is 10% of her monthly take home pay. As a result of these contributions she regularly receives a tax refund of $540. The current account balance is $48,669. **RRSP contributions are before-tax**

She also contributes 10% of her take home pay to a TFSA account through automatic deposits. **These are after-tax.** The current account balance in her TFSA is $36,820. She has doesnt have much investment experience but has heard that automating savings is an easy way to get rich!

Kiras grandmother passed away leaving an inheritance of $50,000. She holds these funds in a non-registered account at her local bank branch invested in high interest savings. Her bank account has a current balance of $2,240.

Kira currently rents a condo unit for $2,000 a month. She also has to pay an additional $50 a month for parking. Her car is fairly new, valued at $30,000. There is an outstanding loan of $14,625 which requires monthly payments of $275. Other monthly expenses include: hydro $100, car insurance $2,100 a year, tenant insurance $25, gym membership $80, groceries $95, eating out $150, car maintenance $200 (all inclusive), cell phone $75, student loan payment $325 (outstanding balance of $22,850), entertainment & vacations $3,000 a year.

She plans on buying a house with her fianc next year. They have determined they can afford a mortgage of $3,000. The property taxes are estimated to be $7,200 annually and utilities will increase to $400 a month. Home insurance will be $10 a month more than her tenant insurance but she will no longer have to pay for parking! Her fianc earns $3,900 a month, net. Once they move in together these specific monthly expenses gym, groceries, cell, eating out, vacations are expected to total $2,500. In addition, they would each like to save $100 a month to build an emergency fund.

1. Create a monthly cash flow statement for Kira. (10 marks)
2. Create a net worth statement for Kira. (5 marks)
3. Analyze her current financial situation using relevant financial ratios. Explain each ratio specific to her situation. (12 marks)
4. Draft a budget for Kira and her fianc for after they buy the home. If they have a negative cash flow suggest an option for them to create a positive cash flow. (8 marks)