Mike and Mary Jane Lee have a yearly income of $84 comma 715 and own a house worth $123 comma 700 , two cars worth a total of $ 23 comma 157 and furniture worth $13 comma 825. The house has a mortgage of $66 comma 250 and the cars have outstanding loans of $2 comma 793 each. Utility bills, totaling $215 for this month, have not been paid. Calculate or use Worksheet 4 to determine their net worth and explain what it means. How would the Lees' age affect your assessment of their net worth?
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