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Calculate the missing values for the highlighted items in the balance sheet. Total Real Estate...

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Accounting

Calculate the missing values for the highlighted items in the balance sheet.

Total Real Estate and Personal Possessions: $

Total Assets: $

Mortgage on Residence: $

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Alex and Angela Sample Balance Sheet As of December 31, 20XX Assets Liquid Assets \begin{tabular}{lrr} Checking account & $ & 12,000 \\ Money market fund & 40,000 \\ Life Insurance cash value & 52,000 \\ \cline { 2 - 3 } & $ & 104,000 \end{tabular} Investment Assets \begin{tabular}{lcc} AT\&T Stock & $42,000 \\ GM Bonds & 110,000 \\ Mutual Funds & 75,000 \\ 401(k) & 136,500 \\ 401(k) & 214,800 \\ Roth IRA & & 24,000 \\ \cline { 2 - 3 } & $602,300 \end{tabular} Real Estate and Personal Possessions Residence Vacation home SUV Sedan Jewelry Household Items Total Assets Liabilities Current Liabilities \begin{tabular}{lcc} Chase credit ard & $ & 3,500 \\ HSBC credit card & & 2,100 \\ & $ & 5,600 \end{tabular} Lone-term Liabilities Calculate the missing values for the highlighted items in the balance sheet. Total Real Estate and Personal Possessions: \$ Total Assets: \$ Mortgage on Residence: \$

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