Taylor has the following assets and liabilities:Two cars$15,000House$400,000Mortgage$300,000Cash$1,000Car loans$5,000Checking account balance$3,000Credit card balance$3,000 What is the value of Taylor's liabilities?

A. $303,000
B. $308,000
C. $311,000
D. $300,000

Answer: B

Economics

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