Question: Your client has the following financial data: Checking account$ 1 , 0 0 0 Savings account$ 7 , 0 0 0 IRAs$ 1 0 0

Your client has the following financial data:
Checking account$1,000Savings account$7,000IRAs$100,000Mortgage loan$30,000Interest income$5,000Stock mutual fund$15,000Residence market value$150,000Credit card balance$2,000Auto payments$7,000Automobiles$30,000Salary$50,000
What is the net worth of your client?

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