The assets and liabilities of a doctor are listed below.

\begin{tabular}{|c|l|}
\hline Home Value & [tex]$\$[/tex] 589,674[tex]$ \\
\hline Mortgage & $[/tex]\[tex]$ 99,408$[/tex] \\
\hline Credit Card Balance & [tex]$\$[/tex] 8,057[tex]$ \\
\hline Owned Work Equipment & $[/tex]\[tex]$ 51,797$[/tex] \\
\hline Car Value & [tex]$\$[/tex] 61,182[tex]$ \\
\hline Investments & $[/tex]\[tex]$ 59,090$[/tex] \\
\hline Personal Loan & [tex]$\$[/tex] 76,348[tex]$ \\
\hline
\end{tabular}

What is the total value of the doctor's capital assets?

A. $[/tex]\[tex]$ 51,797$[/tex]
B. [tex]$\$[/tex] 61,182[tex]$
C. $[/tex]\[tex]$ 589,674$[/tex]
D. [tex]$\$[/tex] 702,653$



Answer :

To determine the total value of the doctor's capital assets, we need to sum up the values of the assets mentioned.

The listed assets are:
1. Home Value: \[tex]$589,674 2. Owned Work Equipment: \$[/tex]51,797
3. Car Value: \[tex]$61,182 4. Investments: \$[/tex]59,090

We will add these four amounts together to obtain the total value of the capital assets.

1. Home Value: \[tex]$589,674 2. Owned Work Equipment: \$[/tex]51,797
3. Car Value: \[tex]$61,182 4. Investments: \$[/tex]59,090

The calculation for the total capital assets is as follows:
[tex]\[ \text{Total Capital Assets} = \$589,674 + \$51,797 + \$61,182 + \$59,090 = \$761,743 \][/tex]

So, the total value of the doctor's capital assets is \[tex]$761,743. This value is not explicitly listed as an option, but based on the information given and the calculations, the correct total value is: \[ \$[/tex]761,743
\]