II. This is the information for 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 of S100,000, long-term debt of $750,000, and total common equity of S1.5million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. questions l 2-13. The assets of Dallas & Associates consist entirely of 12.What is the balance of current liabilities on the firm's balance sheet? a. S500,000 b. $900,000 c. $250,000 d. $400,000 e. S100,000 13.What is the firm's net operating working capital (NoWC)? a. S500,000 b. S900,000 c. $250,000 d. S350,000 e. $100,000