$ 14,124 11,457 17,804 2,147 24,287 69,819 132,610 21,012 12,762 $ 236, 203 MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and shareholders' equity $ 30,768 18,805 8,659 6,428 64,660 29,543 28,385 122,588 1 26,112 87,502 113,615 $ 236, 203 Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29, 2018): a. Borrowed $18,317 from banks due in two years. b. Purchased additional investments for $25,700 cash; one-fifth were long term and the rest were short term. c. Purchased property, plant, and equipment; paid $9,623 in cash and signed a short- term note for $1,460. d. Issued additional shares of common stock for $1,520 in cash; total par value was $1 and the rest was in excess of par value. e. Sold short-term investments costing $19,058 for $19,058 cash. f. Declared $11,177 in dividends to be paid at the beginning of the next fiscal year. 2. Post each transaction to the appropriate T-accounts (Enter your answers in millions.) Cash Short-term Investments 11,457 Beg. Bal. 14,124 Beg. Bal End. Bal. + End. Bal. Inventories Accounts Receivable 17,804 Beg. Bal. Beg. Bal. 2,147 End. Bal. End. Bal. Required information ACCOUnts Receivable inventories Beg. Bal. 17,804 Beg. Bal. 2,147 End. Bal. End. Bal. Other Current Assets 24,287 Beg. Bal. Beg. Bal Long-term Investments 132,610 End. Bal. End. Bal. Other Noncurrent Assets Property, Plant, and Equipment 21,012 Beg. Bal. Beg. Bal. 12,762 End. Bal. End. Bal. Accrued Expenses Accounts Payable 30 768 Beo Bal Ren Ral 18 805 Required information Accounts Payable 30,768 Accrued Expenses 18,805 Beg. Bal. Beg. Bal. End. Bal. End. Bal. Unearned Revenue 8,659 Short-term Notes Payable 6,428 Beg. Bal. Beg. Bal. End. Bal. End. Bal. Dividends Payable Long-term Debt 29,543 Beg. Bal. Beg. Bal End. Bal. End. Bal. Required information Dividends Payable Beg. Bal. Long-term Debt 29,543 Beg. Bal. End. Bal. End. Bal. Other Noncurrent Liabilities Common Stock Beg. Bal. 28,385 Beg. Bal. End. Bal. End. Bal. Additional Paid-in Capital 26,112 Retained Earnings 87,502 Beg. Bal. Beg. Bal