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What are total liabilities for zeena

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Problem 1: Zeena owns a condo worth $250,000, a car valued at $15,000, and miscellaneous assets worth $7,500. She owes $190,000 on the condo and $10,000 on the car and has no other debts. Her retirement account, in which she is fully vested, contains $28,000 in mutual funds. She was just insured with a $300,000 term life insurance policy. What are her total liabilities?

A. $200,000
B. $300,000
C. $100,000
D. $592,500
E. $600,000

Reference no: EM132959214

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