A comparative balance sheet and an income statement for Burgess Company are given below:

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 770 715 S 52 107 705 662 Total current assets Property, plant, and equipment Net property,plant, and equipment Total assets 1,537 1,474 1,635 1,601 690 Less accumulated depreciation 848 787 911 $ 2,324 S 2,385 Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued liabilities S 286 173 157 85 193 103 Income taxes payable Total current liabilities Bonds payable 582 480 415 730 Total liabilities 1,062 1,145 Stockholders' equity: 210 Common stock Retained earnings 210 1,052 1,030 Total stockholders' equity 1,262 1,240 Total liabilities and stockholders' equity $ 2,324 $ 2,385