General Industrial Corp. (GIC) reported the following amounts on its balance sheet at the end of fiscal year (FYE) 2060: FYE 2060 (in $ thousand) Cash $180,000 Notes payable 100,000 Inventory 325,000 Contributed capital 750,000 Net property, plant &equipment 600,000 Accounts receivable 30,000 Accounts payable 75,000 Retained earnings [?]

a) Determine the amount of GICs total assets at the end of fiscal year 2060.

b) What is the amount of GICs retained earnings at FYE 2060?