The total liabilities is $180,338
The total assets is $1,233,000
The net worth is $1,052,662
<h3>What is the net worth, assets and liabilities?</h3>
Net worth is total assets less liabilities. Assets is the sum of liquid assets and non liquid assets. Liabilities is the sum of car loan and mortgage loan.
Assets = 178,000 + 1,055,000 = $1,233,000
Liabilities = 145,908 + 34,430 = $180,338
Net worth = $1,233,000 - $180,338 = $1,052,662
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