Taylor has the following assets and liabilities: Two cars$ 15,000 House400,000 Mortgage300,000 Cash1,000 Car loans5,000 Checking account balance3,000 Credit card balance3,000 Suppose that Taylor receives a $10,000 bonus from her employer. If she puts that money toward her mortgage, her wealth would _____; if she puts that money in her checking account, her wealth would_____. Select one: a. increase to $115,000; decrease to $95,000 b. increase to $121,000; decrease to $101,000 c. increase to $121,000; increase to $121,000 d. increase to $115,000; increase to $115,000
