304 Problem 2.4 Part (c) Answer Statement of Financial Position The Clothing Outlet, Inc. Statement of Financial Position December 31, 20X9 (all amounts in millions) ASSETS LIABILITIES and STOCKHOLDERS' EQUITY Problem 2.4 Part (a) Answer (Multiple-Step Income Statement) The Clothing Outlet, Inc. Income Statement For the Year Ended December 31, 20X9 (all amounts in millions, except earnings per share) Problem 2.4 Part (b) Answer Statement of Retained Earnings The Clothing Outlet, Inc. Statement of Retained Earnings For the Year Ended December 31, 20X9 (all amounts in millions) 304 Problem 2.4 Part (c) Answer Statement of Financial Position The Clothing Outlet, Inc. Statement of Financial Position December 31, 20X9 (all amounts in millions) ASSETS LIABILITIES and STOCKHOLDERS' EQUITY Problem 2.4 Part (a) Answer (Multiple-Step Income Statement) The Clothing Outlet, Inc. Income Statement For the Year Ended December 31, 20X9 (all amounts in millions, except earnings per share) Problem 2.4 Part (b) Answer Statement of Retained Earnings The Clothing Outlet, Inc. Statement of Retained Earnings For the Year Ended December 31, 20X9 (all amounts in millions)