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Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2019 2018 Assets Cash and equivalents

Arlington Corporation's financial statements (dollars and shares are in millions) are provided here.

Balance Sheets as of December 31
2019 2018
Assets
Cash and equivalents $ 13,000 $ 11,000
Accounts receivable 35,000 30,000
Inventories 30,380 26,000
Total current assets $ 78,380 $ 67,000
Net plant and equipment 46,000 45,000
Total assets $124,380 $112,000
Liabilities and Equity
Accounts payable $ 10,300 $ 8,000
Accruals 7,700 6,000
Notes payable 6,300 5,050
Total current liabilities $ 24,300 $ 19,050
Long-term bonds 15,000 15,000
Total liabilities $ 39,300 $ 34,050
Common stock (4,000 shares) 40,000 40,000
Retained earnings 45,080 37,950
Common equity $ 85,080 $ 77,950
Total liabilities and equity $124,380 $112,000

Income Statement for Year Ending December 31, 2019
Sales $237,000
Operating costs excluding depreciation and amortization 190,000
EBITDA $ 47,000
Depreciation & amortization 8,000
EBIT $ 39,000
Interest 950
EBT $ 38,050
Taxes (25%) 9,512.50
Net income $ 28,537.50
Dividends paid 21,407.50

Construct Arlington's 2019 statement of stockholders' equity.

Statement of Stockholders' Equity, 2019
Common Stock Retained Earnings Total Stockholders' Equity
Shares Amount
Balances, 12/31/18 million $ million $ million $ million
2019 Net Income million
Cash Dividends million
Addition to retained earnings million
Balances, 12/31/19 million $ million $ million $ million

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