1. The assets of Dallas Limited consist entirely of current asset and net plant equipment. The firm has total assets of RM2.5 million and net plant and equipment equals RM2 million. It has notes payable of RM150,000, long term debt of RM750,000 and total common equity of RM1.5 million. The firm does have account payable and accruals on its statement of financial position. The firm only finances with debt and common equity, so it has no preferred stock on its statement of financial position. a) What is the amount of total liabilities and equity as appeared on the firms statement of financial position? b) What is the balance of current assets on the firms statement of financial position? c) What is the balance of current liabilities on the firms statement of financial position? d) What is the amount of account payable and its accruals on its statement of financial position? (Consider this as a single line item on the firms statement of financial position)