Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2021 2020 Assets Cash and equivalents $ 15,000 $ 11,000 Accounts receivable 35,000 30,000 Inventories 33,190 29,000 Total current assets $ 83,190 $ 70,000 Net plant and equipment 51,000 47,000 Total assets $134,190 $117,000 Liabilities and Equity Accounts payable $ 10,700 $ 8,500 Accruals 8,000 7,000 Notes payable 6,300 5,450 Total current liabilities $ 25,000 $ 20,950 Long-term bonds 20,000 20,000 Total liabilities $ 45,000 $ 40,950 Common stock (4,000 shares) 50,000 50,000 Retained earnings 39,190 26,050 Common equity $ 89,190 $ 76,050 Total liabilities and equity $134,190 $117,000 Income