Question: Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash Flow

Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.
Balance Sheet and Cash Flow Items
Rent for the month $ 1,390 Monthly take-home salary $ 3,920
Cash in checking account 1,340 Savings account balance 2,770
Spending for food 1,110 Balance of educational loan 3,050
Current value of automobile 8,020 Telephone bill paid for month 85
Credit card balance 334 Loan payment 143
Auto insurance 321 Household possessions 3,510
Home entertainment system 3,320 Payment for electricity 189
Lunches/parking at work 204 Donations 116
Computers 2,490 Value of stock investment 1,160
Clothing purchase 139 Restaurant spending 223

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