Gooran, Inc., has current assets of $240 million; property, plant, and equipment of $380 million; and other assets totaling $120 million. Current liabilities are $170 million and long-term liabilities total $360 million.

1. Use these data to write Willow's accounting equation.   

2. How much in resources does Willow have to work with? 

3. How much does Willow owe creditors? 

4. How much of the company's assets do the Willow stockholders actually own?