If Cindy has a checking account balance of $1,300, an American Express balance of $650, and a house worth $255,000, what is her total asset count?

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To determine Cindy's total asset count, you need to consider all her accessible assets. In this case, Cindy has a checking account balance, a credit card balance, and the value of her house.

First, the checking account balance of $1,300 represents cash that is readily available. Second, the house value of $255,000 is a significant asset that contributes to her wealth. However, the American Express balance of $650 is a liability, not an asset, and is not included in the total asset calculation.

To find the total assets, you add the checking account balance to the house value:

$1,300 (checking account) + $255,000 (house) = $256,300.

Therefore, to arrive at the total assets, it seems there's been an error in listing the correct options, but given the calculation of assets presented, we arrive at $256,300.

However, if the correct consideration of all assets is supposed to lead to a total of $279,075 (option C), then that figure likely includes an additional asset or misinterpreted figures in the scenario. In general asset calculations, it’s important to confirm that liabilities like credit card balances are not mistakenly included as they do not contribute to asset

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