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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Rent for the month

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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Rent for the month $ 1,300 Spending for food $ 670 Savings account balance $ 2,020 Current value of automobile $ 9,650 Credit card balance $ 300 Auto insurance $ 360 Video equipment Lunches/parking at work Personal computer $ 2,675 $ 245 $ 1,850 Clothing purchase $ 175 a. Total assets b. Total liabilities c. Net worth d. Total cash inflows e. Total cash outflows Monthly take-home salary Cash in checking account Balance of educational loan Telephone bill paid for month Loan payment Household possessions Payment for electricity Donations Value of stock investment Restaurant spending $ 2,835 $ 580 $ 2,940 $ 130 $ 210 $ 4,700 $ 155 $ 290 $ 1,185 $ 195

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