please answer 1-4

Financial Statements Final Exercises Do not erase the questions. If the questions are erased, there is a twenty-point penalty. Below are the 2012 and 2013 year-end balance sheets for Big Bang Enterprises. Use this Balance Sheet to answer questions 1, 2, 3 and 4. Assets: Cash Accounts receivable Inventories Total current assets Net fixed assets Total Fixed Assets Total assets 2013 $ 200,000 864,000 2,000,000 $3,064,000 6,000,000 6.000.000 $9,064,000 2012 $ 170,000 700,000 1.400.000 $2,270,000 5,600,000 5.600.000 $7.870,000 Liabilities and equity: Accounts payable Notes payable to bank Total current liabilities Long-term debt Total Liabilities Common stock Retained earnings Total common equity Total liabilities and equity $1,400,000 1,600,000 $3,000,000 2,400,000 5.400.000 3,000,000 664 000 $3,664,000 $9.064,000 $1,090,000 1,800,000 $2.890,000 2.400.000 5290.000 2,000,000 580 000 $2,580,000 $7.870.000 1. What could have happened that made the Common Stock balance for Big Bang increase by $1,000,000 2. What if instead the Common Stock balance for Big Bang decreased by $1,000,000? What would have happened? 3. What is the Net Working Capital for Big Bang in 2013? show the entire calculation for credit 4. For Big Bang fill in the Accounting Equation for 2013. Look at the PPT if you need help! Assets = Liabilities + Equity 1 5. On 12/31/13, Bunratty Industries reported retained earnings of $800,000 on its balance Thank Did