0 Required information PB2-3 (Static) Recording Transactions (in a Journal and T-Accounts); Preparing and Interpreting the Balance Sheet (LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5) [The following information applies to the questions displayed below) Shake Shack incorporated, which began as a hot dog stand in 2001. now has more than 200 locations worldwide. The following is adapted from Shake Shack's financial statements for the quarter ended September 26, 2019. Dollars are reported in millions Accouts Payable Account Receivable C Coopon stock Equipment Intries Torventer We hable oor te Noree Payable (chorte Pred Rent Retained and Short Tents $19 40 46 36 Assume that the following events occurred in the following quarter which ended September 30, 2019, a Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash c. Purchased equipment, pald $30 in cash and signed additional long-term loans for $70, d. Paid $9 cash for accounts payable owed at September 26. e Conducted negotiations to purchase a farm, which is expected to cost $15 PB2-3 (Static) Part 6 6. Prepare a classified balance sheet at September 30, 2019 (Enter your answers in millions (i.e. 10,000,000 should be entered as 10).) SHAKE SHACK INCORPORATED Balance Sheet fin millions of dollars) 0 4