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Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows,

Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. (Omit the "$" sign in your response.)
Rent for the month $ 1,370 Auto insurance $ 290
Monthly take-home salary 3,350 Household possessions 3,540
Cash in chequing account 1,320 Stereo equipment 2,960
Savings account balance 1,910 Payment for electricity 157
Spending for food 680 Lunches/parking at work 195
Balance of educational loan 2,780 Donations 106
Current value of automobile 8,530 Home computer 1,770
Telephone bill paid for month 101 Value of stock investment 1,830
Credit card balance 241 Clothing purchase 158
Loan payment 162 Restaurant spending 131
picture Click here for the Excel Data File
Total assets $
Total liabilities $
Net worth $
Total cash inflows $
Total cash outflows $

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