Question: Using the following information about the family's assets and liabilities, calculate the total liabilities:
- Checking account: $3,000
- Savings account: $13,000
- Credit card balance: $5,500
- Utility bill: $500
- Home: $320,000
- Mortgage (30 years): $210,000
- Car: $25,000
- Car loan (60 months): $18,000
- Student loan (7 years): $25,000
- Household items: $15,000
- Retirement account: $64,000
- Other assets: $39,000