South Sea Baubles has the following (incomplete) balance sheet and income statement.

BALANCE SHEET AT END OF YEAR(Figures in $ millions)

Assets20152016Liabilities and Shareholders' Equity20152016

Current assets$97$175 Current liabilities$64$81

Net fixed assets870970 Long-term debt635820

INCOME STATEMENT, 2016(Figures in $ millions)

Revenue$1,985

Cost of goods sold1,065

Depreciation385

Interest expense247

a&b.What is shareholders' equity in 2015 and 2016?(Enter your answers in millions.)

c&d.What is net working capital in 2015 and 2016?(Enter your answers in millions.)

e.What are taxes paid in 2016? Assume 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.)

f.What is cash provided by operations during 2016?(Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)

g.Net fixed assets increased from $870 million to $970 million during 2016. What must have been South Sea'sgrossinvestment in fixed assets during 2016?(Enter your answer in millions.)