Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Rent for the month, $650 Monthly take-home salary, $2,185Spending for food, $345 Cash in checking account, $450Savings account balance, $1,890 Balance of educational loan, $2,160Current value of automobile, $8,800 Telephone bill paid for month, $65Credit card balance, $235 Loan payment, $80Auto insurance, $230 Household possessions, $3,400Video equipment, $2,350 Payment for electricity, $90Lunches/parking at work, $180 Donations, $160Personal compute
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