I was wondering how I could complete this problem. I would greatly appreciate an explanation so I can do this by myself.

Attempts A 2. Problem 3.01 (Balance Sheet) eBook Problem Walk-Through The assets of Dallas & Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of $2.9 million and net plant and equipment equals $2.6 million. It has notes payable of $145,000, long-term debt of $755,000, and total common equity of $1.5 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. Write out your answers completely. For example, 25 million should be entered as 25,000,000. Negative values, if any, should be indicated by a minus sign. Round your answers to the nearest dollar, if necessary. a. What is the company's total debt? S 900,000 am b. What is the amount of total liabilities and equity that appears on the firm's balance sheet? $ 1,500,000 T c. What is the balance of current assets on the firm's balance sheet? S 5,500,000 d. What is the balance of current liabilities on the firm's balance sheet? arch O Average/9 Fi Rain... 4x 4:33 PM 6/2/2022 CENGAGE MINOTAP 02C031 x A 1 D ** Ti4 R O F V T Pep: March Y B Am H n N THE M C G K L p B 1616 L 0