19 Phillip created the net worth statement shown. Net Worth Statement
Value
Assets
House (current value)
Checking account
Automobile
Investments
Total Assets
$85,000
$2,500
$18,500
$7,000
$113,000
Liabilities
Mortgage
Credit card debt
Total Liabilities
$62,000
$9,500
$71,500
Based on the information in the statement, what is Phillip's net worth?
A $184,500
B $41,500
C-$71,500
D-$41,500