Could you please answer question 5 and parts a through f.

(3.5 points) Use the following list of last year's GDP components and data from Asgard to answer the following questions (each is expressed in millions of $). Corporate profits 1.500 Consumption of services 4,400 Gross private Domestic Compensation of employees 8,400 Investment 2.700 Rental income 600 Interest 400 Government spending 2,500 Consumption of nondurable Goods 3.200 Consumption of durable goods 1,200 Imports 2,100 Proprietors' Income 1.000 Consumption of fixed capital Taxes on production and (depreciation) 1,300 Imports 800 Statistical Discrepancy 100 Net income payments to the rest of the world -200 Exports 1,800 Indicate whether each component is part of the expenditure approach to calculating GDP (put an "E" nex to the component) or the income approach to calculating GDP (put an "I" next to the component). Calculate TOTAL consumption spending? Calculate net exports? Compute GDP using both the expenditure and income approaches. (HINT: You should get the same answer be sure to use the GDP handout I gave you in class). GDP using expenditure method GDP using income approach Compute Asgard's National Income Compute Asgard's Net Domestic Product