Suppose that David has the followig assets: an automobile worth $15,000 (he originally paid $17,000 for the car), a checking account with a $5,000 balance and a bond investment currently worth $2,000. David expects to earn $400 next month for interest on this investment. His only liabilities are a student loan balance of $13,000 and a balance of $12,000 on his car loan. What is his net worth?
Select one:
a. -$5,000
b. -$1,000
c. -$3,000
d. -$2,600
e. $3,000
f. $9,000