The assets of Parker consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment of $2.0 million. They have notes payable of $150,000, long-term debt of $750,000, and total common equity of $1.5 million. The firm does have accounts payable and accruals on its balance sheet. The firm finances itself with debt and common equity.

• What is the firms total debt?
• What is the amount of Total Liabilities and Equity?
• What is the balance of Current Assets?
• What is the balance of Current Liabilities?
• What is the amount of Accounts Payable and Accruals?
• What is the firm's Net Working Capital?
• Staples paid out $22.5 million in total common dividends and reported $278.9 million of Retained Earnings at year-end. The prior years retained earnings were $212.3 million. What was Net Income?