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South Sea Baubles has the following (incomplete) balance sheet and income statement. Assets Current assets Net fixed assets 2018 BALANCE SHEET AT END OF

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South Sea Baubles has the following (incomplete) balance sheet and income statement. Assets Current assets Net fixed assets 2018 BALANCE SHEET AT END OF YEAR (Figures in $ millions) $ 91 $145 Current liabilities 2019 Liabilities and Shareholders' Equity 2018 2019 $ 52 $ 63 605 760 810 910 Long-term debt INCOME STATEMENT, 2019 (Figures in $ millions) Revenue Cost of goods sold Depreciation Interest expense $ 1,955 1,035 355 241 a&b. What is shareholders' equity in 2018 and 2019? c&d. What is net working capital in 2018 and 2019? e. What are taxes paid in 2019? Assume the firm pays taxes equal to 21% of taxable income. f. What is cash provided by operations during 2019? g. Net fixed assets increased from $810 million to $910 million during 2019. What must have been South Sea's gross investment in fixed assets during 2019?

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