Question: Use the table below to complete questions . 1) Based on information in the table calculate Michaels' net worth.(show all work) 2) Based on information

Use the table below to complete questions .

1) Based on information in the table calculate Michaels' net worth.(show all work)

2) Based on information in the table calculate Michaels’ monthly surplus or deficit. (show all work)

Monthly salary$2,800
Monthly rent payments$850
Savings account balance$2,000
Monthly auto loan payment$425
Money market investment account balance$5,000
Monthly income from side business on eBay$900
Weekly grocery expense$50
Value of autos$12,000
Balance of student loans$8,000
Monthly student loan payment$245
Monthly utilities expense$150
Bi-annual insurance premium$450
Balance of auto loans$8,600

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