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 3,880 Monthly take-home salary 4,070 Household possessions 3,290 Cash in chequing account Savings account balance Spending for food Balance of educational loan 920 Stereo equipment 2,420 Payment for electricity 1,260 Lunches/parking at work 2,340 Donations 7,820 Home computer Value of stock 104 investment 307 Clothing purchase 84 Restaurant spending 150 194 148 2,430 Current value of automobile 1,670 Telephone bill paid for month Credit card balance Loan payment 146 145 Use the space below to show your work. You can copy the text below into your answer to help you get started: Total assets = Total liabilities = Net worth = Total cash inflows = Total cash outflows =