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Accounting Equation and Income Statement Staples, Inc. (SPLS) ia leading office products distributor with retail stores in the United States, Canada, Asia, Europe, and South

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Accounting Equation and Income Statement Staples, Inc. (SPLS) ia leading office products distributor with retail stores in the United States, Canada, Asia, Europe, and South America. The following Mandal statement data were adapted from recent financial statements of Staples Year 2 (in millions) Year 1 (in millions) Total assets 18,271 510,12 Total abilities (13) Total stockholders' equity 3,695 123 Sales 18,247 Cost of goods sold 12,480 4,067 Operating expenses 10 Other expense (net 102 Income tax expense Enter all amounts as positive numbers a. Determine the missing data indicated for (1) and 2). X million Totallaties for Year 2 x millions Total stockholders equity for Year b. Using the income statement data for Year 2. determine the amount of net income Netloss X x million Previous Ne Check My Work 2 more Check My Workeromang Emai Sun Assige for Ak saved 1 70F Cloudy 440 0 o G

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