Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended January 30, 2016, are shown below Bargain Deal, Inc. Balance Sheet At January 30, 2016 ($in millions) Assets Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net Merchandise inventories Other current assets $ 2,066 1,314 1,207 5,060 410 10,057 3,678 $13,735 Total current assets Long-term assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 4,900 3,375 8,275 2,234 3,226 $13,735 Other current liabilities Total current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity Bargain Deal, Inc. Income Statement For the Year Ended January 30, 2016 ($in millions) $39,573 38, 162 1,411 74 1,337 638 $ 699 Revenues Costs and expenses Operating income Other income (expense)* Income before income taxes Income tax expense Net income