Mathematics, 22.05.2020 21:06 kobiemajak

Rosetta listed her assets and liabilities on a personal balance sheet.

Rosetta’s Balance Sheet (April 2013)
Assets
Liabilities
cash
$900
credit card
$4,000
investments
$1,100
student loan
$2,000
house
$150,000
mortgage
$100,000
car
$8,000
car loan
$5,000
Total

Total

If Rosetta sells her house and pays off the mortgage, how much should she receive (assuming there are no other costs associated with selling the house)?
$42,000
$50,000
$52,000
$60,000

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Rosetta listed her assets and liabilities on a personal balance sheet.

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