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

a. What is shareholders' equity in 2015?
b. What is shareholders' equity in 2016?
c. What is net working capital in 2015?
d. What is net working capital in 2016?
e. What are taxes paid in 2016? Assume the firm pays taxes equal to 35% of taxable income.

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BALANCE SHEET AT END OF YEAR (Figures in $ millions) Assets Current assets $ 90 $140 Current liabilitios Net fixed assets 800 900 Long-term debt 2015 2016 Liabilities and Shareholders Equity 2015 2016 $ 50 S 60 600 750 INCOME STATEMENT, 2016 (Figures in $ millions) Revenue Cost of goods sold Depreciation Interest expense $1,950 1,030 350 240