Nancy had $700 in her checking account, $10,000 in her savings account, $44,300 in stock, and $6,200 in bonds. She owns a car worth $6,000 and will pay the $1,400 car loan balance in the next three months. She had $2,200 in credit card debt and an education loan of $48,000 with payments not due to begin for three years and a mortgage loan of $200,000, of which $7,000 is due this year. She owned a home worth $417,000, furniture and fixtures of $1,500, appliances with a value of $1,000, and jewelry of $1,000. She expects to pay her mortgage and other obligations from current year’s earnings.

What is the amount of Total Current Assets? (Do not include decimal points or cents in your answer)

Answer rating: 100% (QA)

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