Please answer both questions based on information provided.

cash and $10 THE SAMPSONS-A Continuing Case currentl Sampsons currently have about $300 in Recall from Chapter 2 that the in their checking month. This money will be placed in just started saving $800 per which they chose in Chapter 5. These funds checking account. This amount should be enough to cover funds, earmarked for a down ment on a car and their children's college education, are not available to the S until the CD matures Review the Sampsons' recent cash flow statement and persona balance sheet The monthly savings of $800 are not included in the cash flow stateme The Sampsons Personal Balance Sheet The Sampsons Personal Cash Flow Statement Cash Inflows (Monthly Cash Outflows (Monthly) Mortgage payment Assets Liquid Assets Cash Checking account Savings account Total liquid assets Household Assets $4,000 $900 60 80 70 500 1,700 Electricity and water Health care insurance and 160 Cars 180 Furniture $100,000 9,000 Car expenses (insurance, maintenance, and gas School expenses Partial payment of credit card balance Total household assets $112,000 100 Investment Assets Total investment assets Total Cash Outflows Net Cash Flows (Monthly) $30 Current Liabilities 1,000 Total Assets $3,370Liabilities and Net Worth $114,000 Credit card balance Total current liabilities Long-Term Liabilities $2,000 $90,000 $90,000 $92,000 $22,000 Car loan Total long-term liabilities Tatal Liabilities Go to the worksheets at the end of this chapter cash and $10 THE SAMPSONS-A Continuing Case currentl Sampsons currently have about $300 in Recall from Chapter 2 that the in their checking month. This money will be placed in just started saving $800 per which they chose in Chapter 5. These funds checking account. This amount should be enough to cover funds, earmarked for a down ment on a car and their children's college education, are not available to the S until the CD matures Review the Sampsons' recent cash flow statement and persona balance sheet The monthly savings of $800 are not included in the cash flow stateme The Sampsons Personal Balance Sheet The Sampsons Personal Cash Flow Statement Cash Inflows (Monthly Cash Outflows (Monthly) Mortgage payment Assets Liquid Assets Cash Checking account Savings account Total liquid assets Household Assets $4,000 $900 60 80 70 500 1,700 Electricity and water Health care insurance and 160 Cars 180 Furniture $100,000 9,000 Car expenses (insurance, maintenance, and gas School expenses Partial payment of credit card balance Total household assets $112,000 100 Investment Assets Total investment assets Total Cash Outflows Net Cash Flows (Monthly) $30 Current Liabilities 1,000 Total Assets $3,370Liabilities and Net Worth $114,000 Credit card balance Total current liabilities Long-Term Liabilities $2,000 $90,000 $90,000 $92,000 $22,000 Car loan Total long-term liabilities Tatal Liabilities Go to the worksheets at the end of this chapter