A comparative balance sheet and an income statement for Burgess Company are given below: Burgess Company Comparative Balance Sheet (dollars in millions) Ending Beginning Balance Balance Assets Current assets Cash and cash equivalents Accounts receivable Inventory S 62 127 795 702 870 765 1,697 1,735 1,624 Total current assets Property, plant, and equipment Net property,plant, and equipment Total assets 1,691 720 Less accumulated depreciation 908 827 971 $ 2,524 2,595 Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued liabilities S 306 $ 183 147 95 203 123 Income taxes payable Total current liabilities Bonds payable 632 530 425 830 Total liabilities 1,162 1,255 Stockholders' equity: Common stock Retained earnings 260 260 1,102 1,080 1,362 1,340 $ 2,524 2,595 Total stockholders' equity Total liabilities and stockholders' equity