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Question - Catherine Jones has determined the following information about her own financial situation. Her checking account is worth $650 and her savings account is worth $1,300. She owns her own home that has a market value of $109,000. She has furniture and appliances worth $11,000 and a laptop worth $3,500. She has a car worth $12,500. She has recently purchased a mutual fund worth $5,600 and she has a retirement account worth $36,000. What is the value of her personal possessions?
Financial Statement Analysis and Preparation
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