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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 $ 1,070 Auto insurance $ 270
Monthly take-home salary 3,730 Household possessions 3,990
Cash in chequing account 1,310 Stereo equipment 2,450
Savings account balance 1,970 Payment for electricity 158
Spending for food 1,250 Lunches/parking at work 245
Balance of educational loan 2,830 Donations 169
Current value of automobile 8,030 Home computer 1,800
Telephone bill paid for month 128 Value of stock investment 1,210
Credit card balance 299 Clothing purchase 140
Loan payment 146 Restaurant spending 154

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

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