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 $55$ 113 732 674 800 730 Total current assets 1585 1,519 1,665 1,628 699 Property, plant, and equipment Less accumulated depreciation Net property,plant, and equipment Total assets 866 799 $ 2,384 929 $ 2,448 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities Income taxes payable $ 292 176 154 196 109 Total current liabilities Bonds payable 597 495 418 760 Total liabilities 1,092 1,178 Stockholders' equity: 225 1,0671,045 225 Common stock Retained earnings Total stockholders' equity 1,2921,270 Total liabilities and stockholders' equity $ 2,384 $ 2,448