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

Assets 2018 2019 Liabilities and Shareholder Equity 2018 2019

Current Assets $100 $190 Current liabilities $70 $90

Net Fixed Assets 900 1,000 Long-term debt 650 850

Income Statement 2019 (Fig in $ millions)

Revenue $2,000

Cost of Goods Sold 1,008

Depreciation 400

Interest Expense 250

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 $900 million to $1,000 million during 2019. What must have been South Sea'sgrossinvestment in fixed assets during 2019?