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65,500,000 2$ Long-term debt Preferred stock 4,050,000 15,500,000 135,500,000 Common stock ($1 par value) Accumulated retained earnings 45,500,000 Capital surplus points During the past year,
65,500,000 2$ Long-term debt Preferred stock 4,050,000 15,500,000 135,500,000 Common stock ($1 par value) Accumulated retained earnings 45,500,000 Capital surplus points During the past year, the company issued 10.5 million shares of new stock at a total price of $59 million, and issued $35.5 million in new long-term debt. The company generated $10 million in net income and paid $2.5 million in dividends. eBook Construct the current balance sheet reflecting the changes that occurred at the company during the year. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, e.g., 1,234,567.) Print References Information Control Corp. Current Balance Sheet Long-term debt 2$ 101,000,000 Total long-term debt Shareholders equity Preferred stock 4,050,000 26,000,000 Common stock Capital surplus 94,000,000 Accumulated retained earnings 143,000,000 Total equity Total Liabilities & Equity
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