WARNING: This ePortfolio is currently being used as a template. Published changes or deletions will affect new ePortfolios created from this template.

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Here is some financial information for the Jones family.

Category

Amount

Market value of cars

$16,000.00

Medical bills

$412.56

Utilities

$316.27

Savings account

$5,678.32

Jewelry

$4,000.00

Salary (take home pay)

$4,333.33

Credit card balances

$7,682.00

Auto loan balances

$14,348.00

Checking account

$1,268.35

Food at home

$435.76

Interest on savings

$70.98

Medical payments

$100.00

Furniture and appliances

$3,200.00

Retirement savings

$218,976.45

Mortgage payment

$1,547.78

Insurance payments

$116.67

Mortgage balance

$125,078.98

Credit card payments

$800.00

Entertainment/eating out

$432.67

Market value of home

$275,000.00

Car payments

$726.00

 

Using the information in the above table, calculate the amount the Jones family has as cash surplus or deficit.

DRAFT: This module has unpublished changes.