Staples, Inc., (SPLS) is a leading office products distributor, with retail stores in the United States, Canada, Asia, Europe, and South America. The following financial statement data were adapted from recent financial statements of Staples:

a. Determine the missing data indicated for (1) and (2).
b. Using the income statement data for Year 2, determine the amount of net income or loss.

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Year 1 (in thousands) $11,174,876 5,042,613 Year 2 (in thousands) Total assets Total liabilities Total stockholders' equity Sales Cost of goods sold Operating expenses Other expense (net) Income tax expense 10,313,728 5,305,059 22,492,360 16,691,324 5,518,665 14,236 133,609