A beaker of mass mb containing oil of mass m1 and density ρ1 rests on a scale. A block of iron of mass m2 and density ρ2 is suspended from a spring scale and completely submerged in the oil. Determine the equilibrium readings of both scales. (Use rho_1 for ρ1, rho_2 for ρ2, m_1 for m1, m_2 for m2, m_b for mb, and g when necessary.)