total cash intlows, and total cash outlows. Balance Sheet and Cash Flows Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance Auto insurance Stereo equipment Lunches/parking at work Home computer Clothing purchase $1,370 Monthly take-home salary 1,320 Savings account balance 680 Balance of educational loan 8,530 Telephone bill paid for month 241 Loan payment 299 Household possessions 2,968 Payment for electricity 195 Donations 1,770 Value of stock investment 158 Restaurant spending $ 3,350 1,910 2,780 101 162 3,540 157 106 1,830 131 Balance Sheet and Cash Flows Total assets Total liabilities Net worth Total cash inflows $ 3,350 Total cash outflows