3-1 The assets of the Dallas Corporation consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable $150,000, long-term debt $750,000 and total common equity $1.5 million. . It only finances with debt and common equity, so no preferred stock on the balance sheet. a. What is the amount of total liabilities and equity that appears on the firm's balance sheet? b. What is the balance of current assets on the firm's balance sheet? c. What is the balance of current liabilities on the firm's balance sheet? d. What is the amount of accounts payable and accruals on its balance sheet? Hint: Consider this as a single line item on the firm's balance sheet. What is the firm's net working capital? What is the firm's net operating capital? What is the explanation for the difference in your answers to parts (e) and (1)