Please help with the question below.

Problem 1 Alpha's balance-ofpayments data for 2012 are shown below. All gures are in billions of dollars. What are the (a) balance on goods, (b) balance on goods and services, (0) balance on current account, and (d) balance on capital and financial account? Suppose Alpha sold $10 billion of ofcial reserves abroad to balance the capital and financial account with the current account. Does Alpha have a balance-of-payments decit or does it have a surplus? L02 Goods exports $+40 Goods imports 30 Service exports +1 5 Service imports 1 0 Net investment income 5 Net transfers +10 Balance on capital account 0 Foreign purchases of Alpha assets +20 Alpha purchases of assets abroad 40