Upon reading Chapter 19, complete Problem Solving #1 in Word and submit it to your instructor through the appropriate assignment link above.Using the following data and writing down the mathematical formula, calculate the following: (All in $ billion)a.Gross National Product (GNP): 15 pts.b.Net National Product (NNP): 5 pts.c.National Income (NI): 5 pts.d.Personal Income (PI): 15 pts.e.Disposable Income (DI): 5 pts.f.Saving (S): 5 pts.Data(All in $ billion)DATAConsumption7836Investment1689Government Expenditures2072Net Exports- 490Capital Consumption Allowance653Indirect Business Taxes554Statistical Discrepancy0Social Security Taxes563Transfer Payments842Undistributed Profits83Corporate Profits Taxes140Personal Taxes627Net Income from abroad37Dividends258