Company A B C Total incomes of capital and labor Product Iron ore Steel Car Revenue (value of sale) $4,800 $10,000 $25,000 Expenses - Cost of intermediate goods 0 4,800 10,000 - Wages to employees 2,500 3,000 9,500 - Interest payments 500 700 1,000 - Rent for buildings, machinery 1,000 1,000 2,000 Profit Value added a. Using the information in the table, fill in the values for firm profit and the value added by each firm at each stage of production. b. Fill in the relevant cells in the column "Total incomes of capital and labor." c. Using the information from parts (a) and (b), show how the value added approach yields the same results as calculating the total income paid to labor and capital. d. Now suppose that company A is a foreign company, and all of its production of iron ore occurs outside of the domestic economy. Suppose both the steel and finished car (from companies B and C) are produced domestically. Based on the information provided, calculate the increase in domestic GDP associated with producing one car? Provide a specific value. e. Now suppose that all production occurs domestically, but it occurs over an extended period of time. Specifically, both the iron ore and steel are produced in 2018, but the finished car is produced in 2019. Calculate the increase in GDP associated with producing one car? Provide values for 2018 and 2019