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.

Rent for the month	$	1,520	Auto insurance	$	319
Monthly take-home salary		4,070	Household possessions		3,880
Cash in chequing account		920	Stereo equipment		3,290
Savings account balance		2,420	Payment for electricity		150
Spending for food		1,260	Lunches/parking at work		194
Balance of educational loan		2,340	Donations		148
Current value of automobile		7,820	Home computer		2,430
Telephone bill paid for month		104	Value of stock investment		1,670
Credit card balance		307	Clothing purchase		146
Loan payment		84	Restaurant spending		145

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Total assets = Total liabilities = Net worth = Total cash inflows = Total cash outflows =