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saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicam Problem 3-3 Preparing a Personal Balance Sheet (LO3-2] Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth total cash inflows, and total cash outflows. ats Balance Sheet and Cash Flowe Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance Auto Insurance Stereo equipment Lunches/parking at work Home computer clothing purchase $1,600 Monthly take-home salary 1.200 Savings account bala 500 Balance of educational loan 8,530 Telephone bill paid for month 244 Lonn payment 300 Household possessions 2,640 Payment for electricity 261 Donations 1,920 Value of stock investiment 186 Restaurant spending $3,480 2,870 2.250 162 109 3,710 152 75 1,670 135 Answer is complete but not entirely correct. Balance Sheet and Cush Flows Total assets $ 12,600 Total liabilities IS 2.494 Net worth IS 10.106 Total cash inflows $ 5,080 Total cash outflows 5 771 Prov 2 of 10 # Next >