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[object Object],Net Worth Statement Nygen Phomn January 1, 2004 Assets Liabilities Checking Account $ 500 Loan on car $1,800 Savings account 800 Loan from mother 100 Car value 3,000 Total liabilities $1,900 Personal property: Inventory attached 5,000 Total Assets $9,300 Net Worth Assets minus liabilities $7,400 Total $9,300

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