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Year 1 Year 2 Year 3 Assets: Residence 50,000 50,000 200,000 Stocks and bonds 10,000 10,000 10,000 Automobiles 15,000 15,000 40,000 Cash 5,000 8,000 20,000

Year 1 Year 2 Year 3
Assets:
Residence 50,000 50,000 200,000
Stocks and bonds 10,000 10,000 10,000
Automobiles 15,000 15,000 40,000
Cash 5,000 8,000 20,000
Liabilities:
Mortgage balance 40,000 30,000 0
Auto loan 8,000 5,000 0
Student loans 10,000 8,000 0
Income:
Salary 30,000 35,000 40,000
Other 0 1,000 1,000
Expenses:
Mortgage payments 5,000 5,000 0
Car payments 1,000 5,000 2,500
Student loan payments 1,000 1,000 500
Other living expenses 15,000 15,000 20,000
Total living expenses 22,000 26,000 23,000

Calculate the amount of income from unknown sources

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