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Using the opening balances provided in the balance sheets below, enter the updated amounts for each transaction in the blank balance sheets marked "Answers."

Do not enter dollar signs or commas in the input boxes.

$1.$ Received a student loan of $$5,100.$

Opening Balances

Assets Liabilities

Cash $$6,000$ Unpaid Accounts $$1,900$

Investment $$7,500$ Bank Loan $$1,900$

Contents of Home $$7,000$ Automobile Loan $$5,300$

Automobile $$17,200$ Student Loan $$6,000$

House $$89,700$ Mortgage $$54,500$

Total Liabilities $$69,600$

Net Worth $$57,800$

Total Assets $$127,400$ Liabilities $+$ Net Worth $$127,400$

Answers

Assets Liabilities

Cash Answer

$11100$

Unpaid Accounts Answer

$1900$

Investment Answer

$7500$

Bank Loan Answer

$7000$

Contents of Home Answer

$7000$

Automobile Loan Answer

$5300$

Automobile Answer

$17200$

Student Loan Answer

$11000$

House Answer

$89700$

Mortgage Answer

$54500$

Total Liabilities Answer

$79700$

Net Worth Answer

$52800$

Total Assets Answer

$132500$

Liabilities $+$ Net Worth Answer

$132500$

$2.$ Sold contents of home for the same amount that they were purchased for; $$3,600$ cash.

Opening Balances

Assets Liabilities

Cash $$5,400$ Unpaid Accounts $$2,300$

Investment $$7,400$ Bank Loan $$1,500$

Contents of Home $$6,000$ Automobile Loan $$4,800$

Automobile $$22,100$ Student Loan $$5,100$

House $$83,800$ Mortgage $$41,000$

Total Liabilities $$54,700$

Net Worth $$70,000$

Total Assets $$124,700$ Liabilities $+$ Net Worth $$124,700$

Answers

Assets Liabilities

Cash Answer

$9000$

Unpaid Accounts Answer

$2300$

Investment Answer

$7400$

Bank Loan Answer

$1500$

Contents of Home Answer

$0$

Automobile Loan Answer

$4800$

Automobile Answer

$22100$

Student Loan Answer

$5100$

House Answer

$83800$

Mortgage Answer

$41000$

Total Liabilities Answer

$54700$

Net Worth Answer

$67600$

Total Assets Answer

$122300$

Liabilities $+$ Net Worth Answer

$122300$

$3.$ Paid $$1,800$ to reduce an outstanding automobile loan $($principal portion$).$

Opening Balances

Assets Liabilities

Cash $$5,700$ Unpaid Accounts $$1,600$

Investment $$1,200$ Bank Loan $$1,300$

Contents of Home $$6,000$ Automobile Loan $$5,300$

Automobile $$18,200$ Student Loan $$6,800$

House $$77,300$ Mortgage $$52,600$

Total Liabilities $$67,600$

Net Worth $$40,800$

Total Assets $$108,400$ Liabilities $+$ Net Worth $$108,400$

Answers

Assets Liabilities

Cash Answer

$3900$

Unpaid Accounts Answer

$1600$

Investment Answer

$1200$

Bank Loan Answer

$1300$

Contents of Home Answer

$6000$

Automobile Loan Answer

$3500$

Automobile Answer

$18200$

Student Loan Answer

$6800$

House Answer

$77300$

Mortgage Answer

$50800$

Total Liabilities Answer

$64000$

Net Worth Answer

$42600$

Total Assets Answer

$106600$

Liabilities $+$ Net Worth Answer

$106600$

$4.$ Bought a motorcycle for $$8,200.$ Paid a $$1,400$ deposit with cash and borrowed $$6,800$ from the bank.

Opening Balances

Assets Liabilities

Cash $$4,800$ Unpaid Accounts $$1,900$

Motorcycle $$0$ Bank Loan $$2,000$

Contents of Home $$5,300$ Automobile Loan $$5,900$

Automobile $$18,800$ Student Loan $$7,000$

House $$89,300$ Mortgage $$42,600$

Total Liabilities $$59,400$

Net Worth $$58,800$

Total Assets $$118,200$ Liabilities $+$ Net Worth $$118,200$

Answers

Assets Liabilities

Cash Answer

$3400$

Unpaid Accounts Answer

$1900$

Motorcycle Answer

$8200$

Bank Loan Answer

$8800$

Contents of Home Answer

$5300$

Automobile Loan Answer

$5900$

Automobile Answer

$18800$

Student Loan Answer

$7000$

House Answer

$89300$

Mortgage Answer

$42600$

Total Liabilities Answer

$66200$

Net Worth Answer

$58800$

Total Assets Answer

$125000$

Liabilities $+$ Net Worth Answer

$125000$