10. 20 points Short Numerical Problems a) Condensed (incomplete) balance sheets for 2012 and 2013 and the incomplete) income statement for 2013 for Eli's Everything Shop are shown below: Balance Sheets For the years ending Dec.31,2012 and 2013 Current assets Net fixed assets Total Assets Current liabilities Long-term debt Shareholder's equity Total liab. & equity 2012 40,000 200,000 240,000 20,000 120,000 ??? 240,000 2013 62,000 318,000 380,000 38,000 232,000 ??? 380,000 Income Statement For the period Jan 1 to Dec 31, 2013 Revenue Cost of goods sold Op. Exp. (excl. dep.) Depreciation Interest expense 180,000 104,000 32,000 10,000 24,000 I.(a) What is the shareholder's equity in 2012? In 2013? I.(b) What is net working capital in 2012? In 2013? I.(c) Compute earnings before taxes in 2013. [Note: Show all working for these answers in the blank space/s] (10 points)