The assets of Dallas and Associates consist entirely of current assets and net plant and equipment. The firm has total assets of 2.5 million USD, net plant and equipment equals 2.0 million USD. The firm also has notes payable of 150.0k USD, long-term debt of 750.0k USD, and total common equity of 1.5 million USD. The firm does not have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so there is no preferred stock on the balance sheet.

Assemble the Balance Sheet and calculate NWC and NWOC

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