accounts receivable of $$30$ million, property and equipment of $$34$ million, and other long$-$term

assets of $$22$ million. The company's liabilities consist of accounts payable of $$38$ million

and long$-$term notes payable of $$25$ million. Mulligan Corporation has total stockholders' equity of

$$97$ million; of this total, common stock is $$35$ million. Solve for the company's ending retained

earnings and then prepare Mulligan Corporation's balance sheet at September $30,2021.$ Use a

proper heading on the balance sheet.