Answer:
Total Assets = $100,100
Total Liabilities = $78,900
Net Worth = $21,200
Explanation:
Use the Accounting Equation : Equity = Assets - Liabilities to determine the Equity or Net Worth of the Company.
Here is what the Balance Sheet would look like:
Non Current Assets
Investment assets $8,340
Household assets $87,890
Current Assets
Liquid assets $3,870
Total Assets $100,100
Equity and Liabilities
Equity
Equity (Balancing figure) $21,200
Total Equity $21,200
Non Current Liabilities
Long-term liabilities $76,230
Current Liabilities
Current liabilities $2,670
Total Liabilities $78,900
