Bryan called and said that he had compiled a list of assets and liabilities and would send them over to you. The list came a few days later. His assets included a home worth $427,770, approximately $389,697 in securities, two cars worth $65,500 with loans of $48,950 against them, and other assets including jewelry (worth $7,750), art ($13,500), and furniture ($9,095). Bryan and his wife, Crystal, have a money market fund with $2,550, a joint savings account of $4,573, student loan debt outstanding of $23,175, and credit card balance due of $32,050. Their house had a $373,250 mortgage.

Construct the balance sheet for Bryan and Crystal based on the information available.

What are the total assets for Bryan and Crystal? (2 points)

What are the total liabilities for Bryan and Crystal? (2 points)

What is Bryan and Crystals total net worth? (2 points)

If you were a financial planner, what would you tell Bryan and Crystal about their net worth? (4 points) Be sure to elaborate.