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Calculate Jane’s net worth and cash flow with the following information:
Assets:
Jane's company (estimated value of $4,000,000)
Real estate properties (estimated value of $600,000)
Investments (stocks, bonds, etc., estimated value of $300,000)
Personal property (cars, jewelry, artwork, etc., estimated value of $100,000)
Liabilities:
Business loans (totaling $1,500,000)
Mortgage on one of her real estate properties (totaling $500,000)
Expenses:
Rent: $1,200 per month
Utilities: $150 per month
Groceries $300 per month
Transportation (gas, insurance, maintenance): $300 per month
Entertainment: $200 per month
Student loan payment: $250 per month
Credit card payment: $200 per month
Income:
Wages: $4000 per month
Stock dividends: $200 per month
Monetary gift from parents: $1000 per month