The following relationships were obtained for Boulder Mineral Company for 2015: Current ratio Inventory turnover (average days supply) Quick ratio Debt/equity Return on equity Return on assets Return on sales (profit margin) Receivables turnover Earnings per share 12.167 0.4:1 0.75:1 0.65:1 0.2:1 25 $16.00 ADDITIONAL INFORMATION: 1. Boulder Mineral Company generated $450,000 in net income during 2015. 2. Credit sales comprise 80 percent of net sales. 3. Cost of goods sold is 55 percent of net sales. 4. Current liabilities are 35 percent of total liabilities. 5. The balance in the cash account is $68,000. 6. The income tax rate was 34 percent. REQUIRED: Using the above information (and year-end balances), compute the following items: a. Shareholders' equity b. Total liabilities