Hello,

I need help with the following question. I need to compute total assets and total expenses amount using data in the table. I did my calculations, but the numbers are wrong. Please, show how to calculate the amounts correctly.

Question: compute total assets and total expenses amount using data in the table.

$ millions	Amount
sales	24,545
accumulated depreciation	3,556
depreciation expense	498
retained earnings	6,492
net income	889
property, plant, equipment	2,148
selling, general & admin. expense	4,913
accounts receivable	1,954
total liabilities	6,960
stockholders' equity	6,951

My answer was:

Assets: PPE: 2,148. Accum. Deprec.: 3,556. Accounts Receivable: 1,954.

Total assets= $546

Expenses: SG&A expense: 4,913. Depreciation Expense: 498.

Total Expense= $5,411.

My answer was INCORRECT.