Compute the income from unknown sources for Years Two and Three from the following data:
Net Worth ProblemCompute the income from unknown sources for Years Two and Three from the following data:Please show your work.12/31/2012 12/31/2013 12/31/2014Assets:Residence$50,000.00 $50,000.00 $200,000.00Stocks and Bonds$10,000.00 $10,000.00$10,000.00Automobiles$15,000.00 $15,000.00$40,000.00Cash$5,000.00 $8,000.00$20,000.00Liabilities:Mortgage BalanceAuto LoanStudent LoansIncome:SalaryOtherExpenses:Mortgage PaymentsCar PaymentsStudent Loan PaymentsOther living expensesTotal Living Expenses$40,000.00 $30,000.00 $$8,000.00 $5,000.00 $$10,000.00 $8,000.00 $$30,000.00 $35,000.00$$1,000.00-$40,000.00$1,000.00$5,000.00 $5,000.00 $$1,000.00 $5,000.00$2,500.00$1,000.00 $1,000.00$500.00$15,000.00 $15,000.00$20,000.00$22,000.00 $26,000.00$23,000.00