1. Atlas Company has shareholders' equity of $169,500. The firm owes a total of $130,000 of which 50 percent is payable within the next year. The firm net fixed assets of $159,500. What is the amount of the net working capital?

2. Neo Equipment Rental paid $80 in dividends and $615 in interest expense. The addition to retained earnings is $452 and net new equity is $600. The tax rate is 38 percent. Sales are $16,200 and depreciation is $710. What are the earnings before interest and taxes?

3. The Johnson Co. purchased new machinery three years ago for $6 million. The machinery can be sold to the Hennah Co. today for $3 million. The Johnson Co.'s current balance sheet shows net fixed assets of $3,200,000, current liabilities of $2,225,000, and net working capital of $632,000. If all the current assets were liquidated today, the company would receive $2.1 million in cash. The book value of the Johnson Co.'s assets today is _____ and the market value of those assets is _____.