You are conducting an assessment of Sandheep and Indira's finances in preparation for their Client Profile. Their family home is worth $350,000 and has an outstanding mortgage of $333,670. They have 2 family cars, one of which has 2 years of payments outstanding for $400/month. They also have an outstanding balance on their credit cards of $8,000, and some outstanding tax liabilities and other obligations of $3,000. What does your assessment of their assets and liabilities tell you?

a)		In the event of loss of income due to disability, Sandheep and Indira do not have liquid net assets to cover the income loss.
b)		In the event of a medical emergency, the equity in Sandheep and Indira's home could be used to cover medical and care expenses.
c)		In the event of a medical emergency, Sandheep and Indira's family cars could be liquidated to cover medical and care expenses.
d)		In the event of loss of income due to disability, Sandheep and Indira have ample liquid net assets to cover the income loss.