Question: Prepare your personal balance sheet using the following items: (i) you have a 2003 Corolla that you bought for $3,500 and still owe a note

Prepare your personal balance sheet using the following items: (i) you have a 2003 Corolla that you bought for $3,500 and still owe a note of $2000; (ii) your checking account has a balance of $453.28 and you have a savings account with a $2412.49 balance, (iii) you have an unpaid balance on your school loan of $12,591.22 to pay your tuition for last year. What is your current net worth?

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