3. In 2016, Southwest Airlines had negative net working capital of $2,930 million and current liabilities of $2,630 million. The firm's current assets are: A) $5,560 million B) $3,560 million C) $4,844 million D) $2,800 million I 4. A firm issued 10,000 shares of $10 par-value common stock, receiving proceeds of $22 per share. The accounting entry for the paid-in capital in excess of par account is A) $50,000 B) $80,000 C) $100,000 D) $120,000 5. Intel reports the balance of retained earnings at the end of fiscal 2016 of $45,000m and the net income of $12,500m. The company also reported dividends of $5050m and other transactions with shareholders that reduced retained earnings during the year 2016 by $2,500m. What is the balance of retained earnings at the end of fiscal 2015? A) $35,867m C) $37,614m C) $40,050m D) $42,109m