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Node voltage: 12 V · Current: 499 mANode voltage: 12 V · Current: 499 mANode voltage: 12 V · Current: 499 mANode voltage: 0 V · Current: 499 mANode voltage: 0 V+B1 12 V12 V · 499 mA5.97 WB1 + · 12 VB1 − · 0 VS1 closed499 mAS1 1 · 12 VS1 2 · 12 VF1 1 A499 mAF1 1 · 12 VF1 2 · 12 VL1 12 V 6 W12 V · 499 mA5.97 WL1 1 · 12 VL1 2 · 0 VGND1 ⏚ · 0 V

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Whole circuit

Source
V = 12 V · I = 499 mA
Equivalent resistance
Req = V / I = 24 Ω
Power balance
Psource = 5.97 W · Ploads = 5.97 W
Kirchhoff
KCL: Σ Iin = Σ Iout at every node · KVL: Σ V around a loop = 0

Reference

Ohm's law
V = I × R   I = V / R   R = V / I
Power
P = V × I = I²R = V²/R
Series
Rtotal = R₁ + R₂ + …
Parallel
1/Rtotal = 1/R₁ + 1/R₂ + …