Determine the missing data indicated for 1 and2 using the

Question

Staples, Inc. is a leading office products distributor, withretail stores in the United States, Canada, Asia, Europe, and SouthAmerica. The following financial statement data were adoptedfrom Staples' financial statements as of February 3, 2007 andJanuary 28, 2006:

                                                                    2007(inthousands)                       2006 (in thousands)

Totalassets                                                       $ 8,397,265                                        $7,676,589

Totalliabilities                                                           (1)                                                 3,251,118

Total stockholders'equity                                   5,021,665                                                 (2)

Sales                                                                    18,160,789                                        

Cost of goodssold                                              12,966,788

Selling and administrativeexpenses                        3,716,517                        

Other income and(expense)                                  (5,835)

Income taxexpense                                               497,972

1. Determine the missing data indicated for (1) and(2).
2. Using the income statement data for 2007, determine the amountof net income or loss.