Cadux Candy Company$$s income statement for the year ended December $31,2024,$ reported interest expense of $$16$ million and income tax expense of $$86$ million. Current assets listed in its balance sheet include cash, accounts receivable, and inventory. Property, plant, and equipment is the company$$s only noncurrent asset. Financial ratios for $2024$ are listed below. Profitability and turnover ratios with balance sheet items in the denominator were calculated using year$-$end balances rather than averages.

Debt to equity ratio $0\mathrm{.}5$

Current ratio $2\mathrm{.}0$

Acid$-$test ratio $1\mathrm{.}0$

Times interest earned ratio $12$ times

Return on assets $10\%$

Return on equity $15\%$

Profit margin on sales $5\%$

Gross profit margin

$($gross profit divided by net sales$)40\%$

Inventory turnover $12$ times

Receivables turnover $30$ times

Required:

Prepare a December $31,2024,$ balance sheet for the Cadux Candy Company.

Note: Enter your answers in millions. Round your intermediate calculations and final answers to the nearest whole million. CADUX CANDY COMPANY

Balance Sheet

At December $31,2024$

$($$ in millions$)$

Assets

Current assets:

Cash

Accounts receivable $($net$)$

Inventory

Total current assets

Property, plant, and equipment $($net$)$

Total assets

Liabilities and Shareholders' Equity

Current liabilities

Long$-$term liabilities

Shareholders' equity

Total liabilities and shareholders' equityd