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South Sea Baubles has the following (incomplete) balance sheet and income statement Assets Current assets Net fixed assets BALANCE SHEET AT END OF YEAR (Figures

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South Sea Baubles has the following (incomplete) balance sheet and income statement Assets Current assets Net fixed assets BALANCE SHEET AT END OF YEAR (Figures in $ millions) Liabilities and Shareholders' 2015 2016 Equity $ 91 $145 Current liabilities 810 910 Long-term debt 2015 2016 $ 52 $ 63 605 760 INCOME STATEMENT, 2016 (Figures in $ millions) Revenue $1,955 Cost of goods 1,035 sold Depreciation 355 Interest expense 241 a&b. What is shareholders' equity in 2015 and 2016? (Enter your answers in millions.) Shareholders' equity | 2015 million 2016 million Homework i Saved c&d. What is net working capital in 2015 and 2016? (Enter your answers in millions.) Net working capital 2015 million 2016 million e. What are taxes paid in 2016? Assume the firm pays taxes equal to 35% of taxable income. (Do not round intermedia Enter your answer in millions rounded to 2 decimal places.) Taxes paid paid million Check points . What is cash provided by operations during 2016? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Cash provided by operations Net fixed assets increased from 810 million to 5910 million during 2016. What must have been South Sea's gross investment in fixed assets during 2016? (Enter your answer in millions.) Gross investment million

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