Using the information given below, please attempt the questions. You can refer the attached power point presentation too.

Using the data below prepare a balance sheet and cash flow statement. Determine the total asset, total liabilities, net worth, total cash inflow, total cash outflow and the net cash flow Rent for the month=$650 Monthly take home pay=$1950 Cash in chequing account= $450 Savings account balance=$1890 Spending for food=$345 Balance of educational loan=$2160 Current value of automobile=$7800 Telephone bill monthly=$65 Credit card balance=$235 Loan payment=$80 Auto insurance=$230 Household possessions=$3400 Stereo equipment=$2350 Electricity payment= $90 Lunches and parking at work=$180 Donations=$70 Home computer=$1500 Value of stock investment=$860 Clothing purchase=$110 Restaurant spending=$130

Bill and sally Kaplan have an annual spending plan that amounts to $36000. If the inflation is 2.5% for the next 3 years, how much do the Kaplans want for their living expenses 3 years from now?

Using the formula in the not posted, compute the time value of money for saving

The future value of a $5000 savings deposit after 8 years at an annual interest rate of 1.5% The future value of saving $1500 a year for 5 years at an annual interest rate of 2.25 The present value needed in a saving account that will earn 1.75 % annual interest rate if $2000 is needed at the end of 4 years. Please help in making a balance sheet and cash flow statement according to the Canadian format