You are working on completing your analysis for a new client, John Young. You have just finished preparing his Net Worth and Cash Flow Statements, see below.

John Young Net Worth Statement As of September 30, 2022
Assets: Liquid Assets Chequing Account Cashable GIC	$3,100 $5,000
Personal Possessions	$12,000
Real Estate Assets House	$760,000
Investment Assets RRSP Portfolio	$121,000
Total Assets	$901,100
Liabilities: Current Liabilities Credit Card Balance	$9,000
Long-term Liabilities Student loan Mortgage	$19,000 $331,000
Total Liabilities	$359,000
Net Worth	$542,100

John Young Cash Flow Statement As of September 30, 2022
Inflows: Gross Income Less Deductions Income Tax $16,050.00 CPP Contribution $ 3,499.80 EI $ 952.74 Total Deductions $20,502.54	$80,000 ($20,502.54)
Net Income (Take Home Pay)	$59,497.46
Outflows:
Fixed Expenses: Mortgage $18,000 Property Tax $ 4,000 Insurance $ 1,300 RRSP Contribution $ 3,600 Student Loan Payment $ 4,200 Credit Card Payment $ 2,400 Car Payment $ 4,800 Total Fixed Expenses $38,300
Variable Expenses: Heat $ 3,000 Utilities $ 7,000 Food $ 3,200 Clothing $ 1,800 Entertainment $ 7,200 Donations $ 1.200 Gifts $ 1,000 Total Variable Expenses $24,400
Total Expenses	$62,700
Surplus/Deficit	($3,202.54)

Requirements:

1. Analyze John's Net Worth statement and provide your comments. (3 marks)
2. Analyze John's Cash Flow statement and provide your comments. (3 marks)
3. Choose 3 ratios and complete the calculation, analyze the result and provide your comments.

Please help. ^^