A comparative balance sheet and an income statement for Rowan Company are given below: Rowan Company Comparative Balance Sheet (dollars in millions) Ending Beginning Balance Balance Assets Current assets: $70 536 620 1,226 1,719 640 1,079 $2,305 $ 91 572 580 1,243 1,656 480 1,176 $2,419 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: $ 180 105 $ 205 94 72 371 180 551 Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Stockholders' equity: 373 310 683 800 954 1,754 $2,305 800 936 1,736 $2,419 Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity