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

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South Sea Baubles has the following (incomplete) balance sheet and income statement BALANCE SHEET AT END OF YEAR (Figures in $ millions) Assets Current assets Net fixed assets 2015 2016 Liabilities and Shareholders' Equity 2015 2816 S 50 S 60 600 750 $ 90 $140 Current liabilities 800 900 Long-term debt INCOME STATEMENT, 2016 (Figures in S millions) Revenue $ 1,950 Cost of goods sold 1,030 Depreciation Interest expense 350 240 a&b. What is shareholders' equity in 2015 and 2016? (Enter your answers in millions.) 2015 2016 Shareholders' equity million million c&d. What is net working capital in 2015 and 2016? (Enter your answers in millions.) e. what are taxes paid in 2016? Assurme the firm pays taxes equal to 35% of taxable income. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places) Taxes paid milion f 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 million g. Net fixed assets increased from $800 million to $900 million during 2016. What must have been South Sea's gross investment in fixed assets during 2016? (Enter your answer in millions.) Gross invwestment million

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