amala listed her assets and liabilities.\n|credit card balance|car (paid in full)|jewelry|student…

amala listed her assets and liabilities.\n|credit card balance|car (paid in full)|jewelry|student loan|savings account|stocks|\n|----|----|----|----|----|----|\n|$850|$2,200|$125|$2,500|$1,200|$1,500|\nwhat is the total of amalas liabilities?\n$850\n$2,500\n$3,350\n$5,550
Answer
Explanation:
Step1: Identify liability items
Liabilities are debts. Here, credit - card balance and student loan are liabilities.
Step2: Calculate total liabilities
Add the credit - card balance and student loan amounts. The credit - card balance is $850 and the student loan is $2500. So, $850 + 2500=3350$.
Answer:
$3350$