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3. Using the following national income accounting data and the expenditure approach, compute (a) first GDP, (b) then NDP, and (c) then National Income by making required additions or subtractions from NDP. All figures are in billions. Wages and benefits of employees $147.7 U.S. exports of goods and services 13.4 Consumption of fixed capital (depreciation) 8.9 Government purchases 44.6 Taxes on production and imports 10.8 Net private domestic investment 39.1 Transfer payments 10.4 U.S. imports of goods and services 12.4 Personal taxes 30.4 Net foreign factor income 1.7 Personal consumption expenditure (consumption) 164.4 Statistical discrepancy 5.6