Based on the cash flow statement and personal balance sheet, do the Sampsons have adequate liquidity to cover their recurring cash flows and planned monthly savings in the long-run? If not, what level of savings should they maintain for liquidity purposes?

Personal Balance Sheet Assets Liquid Assets Cash Checking account Savings account Total liquid assets $300 1700 $2,000 Household Assets Home Car Furniture Total household assets $100,000 9,000 3,000 $112,000 Investment Assets Stocks Bonds Mutual Funds Total inuestment assets Total Assets $114,000 Liabilities and Net Worth Current Liabilities Loans Credit card balance Total current liabilities 2,000 $2,000 Long-Term Liabilities Mortgage Car loan Total long-term liabilities $90,000 $90,000 $32,000 Total Liabilities Net Worth $22,000 Personal Balance Sheet Assets Liquid Assets Cash Checking account Savings account Total liquid assets $300 1700 $2,000 Household Assets Home Car Furniture Total household assets $100,000 9,000 3,000 $112,000 Investment Assets Stocks Bonds Mutual Funds Total inuestment assets Total Assets $114,000 Liabilities and Net Worth Current Liabilities Loans Credit card balance Total current liabilities 2,000 $2,000 Long-Term Liabilities Mortgage Car loan Total long-term liabilities $90,000 $90,000 $32,000 Total Liabilities Net Worth $22,000