Problem 18-2 Calculating Net Worth [LO 18-3] Ted owns a Lexus worth $39,200. He owns a home worth $259,000. He has a checking account with $860 in it and a savings account with $2,090 in it. He has a mutual fund worth $102,300. His personal assets are worth $83,700. He still owes $27,000 on his car and $163,500 on his home, and he has a balance on his credit card of $1,620. What is Ted's net worth? Net worth