Use the following items to prepare a balance sheet and a cash flow'statement. How much surplus does this person have for saving or investing each month? Rent for the month, $650 Monthly take-home salary, $1,950 Cash in checking account, $450 Savings account balance, $1,890 Spending for food, $345 Balance of student loan, $2,160 . Current value of automobile, $7,800 Telephone bill paid for month, $65 Credit card balance, $235 Loan payment, $80 Auto insurance, $230 Household possessions, $3,400 Computer equipment, $2,350 Payment for electricity, $90 Lunches/parking at work, $180 Donations, $70 Home computer, $1,500 Value of stock investment, $860 Clothing purchase, $110 Fast food spending. $13 . . Use the following items to prepare a balance sheet and a cash flow statement. Determine this person's net worth. Rent for the month, $650 Monthly take-home salary, $1,950 Cash in checking account, $450 . Savings account balance, $1,890 Spending for food, $345 Balance of student loan, $2,160 Current value of automobile, $7,800 Telephone bill paid for month, $65 Credit card balance, $235 Loan payment, $80 Auto insurance, $230 Household possessions, $3,400 Computer equipment, $2,350 Payment for electricity, $90 Lunches/parking at work, $180 Donations, $70 Home computer, $1,500 Value of stock investment, $860 Clothing purchase, $110 Restaurant spending, $13