4 A comparative balance sheet and an Income statement for Burgess Company are given below. Burgess Company Comparative Balance Sheet (dollars in millions) points Ending Balance Beginning Balance 3 00:51:43 $ 63 $ 129 Skipped 770 1.713 1.745 1,639 1.789 914 eBook 831 977 $ 2,544 $2,616 Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 3es S 194 146 426 535 1,172 1.266 1,350 $ 2,544 Burgess Company Income Statement (dollars in millions) Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: Gain on sale of equipment Income before taxes Income taxes Net Income 3,828 1,400 928 472 Microsoft account prob We need to fix your Mic (most likely your passwc 4 A comparative balance sheet and an Income statement for Burgess Company are given below. Burgess Company Comparative Balance Sheet (dollars in millions) points Ending Balance Beginning Balance 3 00:51:43 $ 63 $ 129 Skipped 770 1.713 1.745 1,639 1.789 914 eBook 831 977 $ 2,544 $2,616 Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 3es S 194 146 426 535 1,172 1.266 1,350 $ 2,544 Burgess Company Income Statement (dollars in millions) Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: Gain on sale of equipment Income before taxes Income taxes Net Income 3,828 1,400 928 472 Microsoft account prob We need to fix your Mic (most likely your passwc