Question 4 Answer the following questions regarding the production of paper. Step Total Sales (in $) Harvesting the trees 500,000 Convert the trees into pulp 1,250,000 Turn the pulp into paper 2,500,000 Sell the paper 6,000,000 a) Calculate the value added for each step. b) Assuming that all steps occur in the same year, what is the contribution to GDP of creating the paper? c) Assuming that the paper is made in 2013, but not sold until 2014, what is the contribution to GDP for 2013 and 2014