5. (25 points) Following table gives the Assets side of Company M's Balance Sheet as of Dec 31st 2016 and Dec 31st 2017 In thousands $ Cash Receivables Invento Total Current Assets Plant&Equipment Intangible Assets Total Assets Dec 31st 2016 Dec 31st 2017 2,540 85 192 3,120 134 400 12,040 740 14,600 700 a) How much Total Equity Company M has if its Net Working Capital is $930K and $1,080K for 2016 and 2017 respectively and it does not carry any long term debt? b) Company M has a policy of distributing 50% of its earnings as dividends each year. What is Company M's Net Income for 2017 if no stock was purchased or sold during 2017