Business
Business, 24.06.2019 22:30, drubio102004

You are an investigator working on an engagement. after searching public records and other sources, you accumulate the following information on a subject. using the net worth method, answer the four questions below. calculate the net worth of the individual at the end of year 1.what was the individual’s income from known sources in year 2? calculate the income from unknown sources for year 2.calculate the income from unknown sources for year 3.same data in excel format here. preview the documentyear 1year 2year 3home$ 230,000$ 230,000$ 230,000car$ 20,000$ 20,000$ 45,000investments$ 40,000$ 50,000$ 65,000bank account$ 5,000$ 7,000$ 10,000total assets$ 295,000$ 307,000$ 350,000home loan$ 205,000$ 155,000$ 105,000auto loan$ 20,000$ - $ - student loan$ 60,000$ 22,000$ - total liabilities$ 285,000$ 177,000$ 105,000salary$ 96,000$ 106,000investments$ 6,000$ 6,000inheritance$ 7,000$ - total income$ 109,000$ 112,000home loan$ 13,300$ 13,200auto loan$ 9,700$ 9,600other living expenses$ 2,500$ 23,000total expenses$ 25,500$ 45,800

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