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  3. given the following information, prepare a balance

Given the following information, prepare a balance sheet and a monthly cash flow statement. Please...

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Finance

Given the following information, prepare a balance sheet and a monthly cash flow statement. Please include the net worth and total savings and show work.

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Credit card bill Mutual Fund Monthly paycheck Mortgage payment, monthly Car payment, monthly Other living expenses $300 $12,000 $2,900 $700 $250 $600 House Car Car loan outstanding Mortgage outstanding Checking account Other personal property Balance Sheet $75,000 $8,500 $4,000 $55,000 $2,500 $15,000 Cash Flow Statement Net Worth = Savings =

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