Tom Kings is a chef at an Italian restaurant. In March, he received a salary increase from $4,600 to $5,200 per month. He would like to know how this has impacted his net worth. He has never prepared a personal balance sheet or an income statement, which would help him calculate his net worth. Tom gathered the following information to help him understand his financial position. January 31, 2021 February 28, 2021 March 31, 2021 Cash House $5,400 $4,200 $5,500 $138,800 $199,900 $261,400 Bank Loan $1,200 $1,150 $1,100 Salary $4,600 $4,600 $5,200 Entertainment Expense $350 $540 $320 Food Expense $1,110 $1,460 $1,420 Insurance Expense $280 $290 $360 Miscellaneous Expense $370 $280 $490 Utilities Expense $570 $490 $440 Revenue Expenses Entertainment Expense Food Expense Insurance Expense Miscellaneous Expense Utilities Expense Total Expenses Surplus (Deficit)