Using the given information, fill out the personal balance sheet.

Please use this information to fill out the balance sheet and cash flow statement Use your own information to do the budget. If you do not have any information, you can use this. I graduated from college 3 years ago and just bought my first house. I make $42,000 a year for a salary. I get paid $1436.25 (which taxes and my 401K are taken out) on the 1st and 15th. My company pays also pays my health insurance premium. My company does a 100% match on my 401K up to 6% of my salary, so I have been doing that for the last 3 years and have that money and what they matched in my retirment account. I also have been saving $200 a month for the last 3 years that is in my savings account. If I have a surplus when I budget or do my cash flow, I save $200 and put the rest in mutual funds. I have invested $10,500 in mutual funds. I bought my house for $175,000, but it is already appraising for $180,000. My mortgage is for $150,000. I got a 3% interest rate over 30 years, so my monthly payment including taxes is $800 a month. Insurance is $900 a year, but I pay it monthly. Electric is about $75 a month and water is $25. Food generally is around $400 a month. My car payment is $250/month and car insurance of $50/month and gas of $200/month. My cell phone is $50/month, clothes average $50/month and fun money is about $100/month. I tithe 10% of my gross income every month. As far as what I own, my checking account is currently at $1,600. I have a life insurance plan that will pay out $100,000 if I die, but it has a cash value of $6,250. According to KBB, my car is worth $12,000. However, I still owe $4,000 on it. I have a credit card that I pay off every month, but the current balance is $545. I do not put the credit card payment in my cash flow or budget, as I use it to pay the items t that are already in my budget and cash flow like gas and food. I also own a laptop that I paid $2000 for, but it is probably worth $600 currently. I just paid $6,000 for furniture for my house. Name: Date: Personal Balance Sheet Purpose: To determine your current financial position. Instructions: List the current values of the asset categories below, list the amounts owed for various liabilities: subtract total liabilities from total assets to determine net worth Suggested websites: time.com/money www.thesimpledollar.com Suggested apps: Simple Balance Sheet, Personal Capital Balance Sheet as of $0.00 S0.00 $0.00 S0.00 $0.00 Assets Liquid assets Checking account balance Savings/money market accounts, funds Cash value of life insurance Other Total quid assets Household assets and possessions Current market value of home Market value of automobiles Furniture Computer, electronics, camera Jewelry Other $0.00 $0.00 $0.00 $0.00 S0.00 $0.00 SO.00 Other $0.00 Toral household assets Investment assets Savings certificates Stocks and bonds Retirement accounts Mutual funds $0.00 SO.00 $0.00 $0.00 $0.00 Other Toral investment assers $0.00 Total assets $0.00 $0.00 SO.DO Liabilities Current liabilities Charge account and credit card balances Loan balances Other Other Toral current liabilities Long-term liabilities Mortgage S0.00 S0.00 $0.00 $0.00 Other S0.00 Total long-term liabilities $0.00 Total liabilities $0.00 $0.00 Net Worth (assets minus liabilities) What's Next for your Personal Financial Plan? * Compare your net worth to previous balance sheets. Decide how often you will prepare a balance sheet