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Corey has a mountain bike worth $300, a credit card debt of $150, $200 in cash, a Sandy Koufax baseball card worth $400, $1,200 in a checking account, and an electric bill due for $250. a. Construct Corey's balance sheet on your own and calculate his net worth Corey's net worth: $ For parts b through d, explain how each event affects Corey's assets, liabilities, and wealth b. Corey goes to a baseball card convention and finds out that his baseball card is a worthless forgery. Instructions: Enter your responses as whole numbers Assets (Click to select,and equal $ Liabilities (Click to selecf, and equal $ Wealth (Click to select and equals $ C Corey uses $150 from his paycheck to pay off his credit card balance The remainder of his paycheck is spent in a way that does not impact his balance sheet Instructions: Enter your responses as whole numbers Assets (Click to select,and equal $ Liabilities (Cick to select and equal $ Wealth (Click to selectand equals S d. Corey writes a $150 check on his checking account to pay off his credit card balance Instructions: Enter your responses as whole numbers. Assets (Click to selectvand equal $ Liabilities (Cick to select and equal $ Wealth (Click to select and equals $ e. Of the events in the previous three parts, which, if any,. corresponds to saving on Corey's part? (Click to select)
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