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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 Spending

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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 Spending for food Savings account balance Current value of automobile Credit card balance Auto insurance Video equipment Lunches/parking at work Personal computer Clothing purchase $ 800 Monthly take-home salary $ 420 Cash in checking account $ 1,920 Balance of educational loan $ 9, 100 Telephone bill paid for month $ 250 Loan payment $ 260 Household possessions $ 2,425 Payment for electricity $ 195 Donations $ 1,350 Value of stock investment $ 125 Restaurant spending $ 2,335 $ 480 $ 2,340 $ 80 $ 110 $ 3,700 $ 105 190 935 145 A A A a. Total assets $ 18,915 b. Total liabilities c. Net worth d. Total cash inflows e. Total cash outflows

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