Constructing and Analyzing Balance Sheet Amounts from Incomplete Data Selected balance sheet amounts for 3M Company, a manufacturer of consumer and business products, for five recent years follow. (a) Compute the missing balance sheet amounts for each of the three years shown. ($ millions) 2003 Current Long-term Assets Assets $7,720 $ 8,720 11,988 13,398 Total Current Long-term Total Assets Liabilities Liabilities Liabilities $17,600 $ $4,633 $9,715 6,071 4,259 20,513 5,238 5,175 10,413 Stockholders' Equity $7,885 10,378 2004 2005 b. Which of the following would be included amount 3M's current assets? Note: Next to each item, select yes or no to indicate whether the item is a current asset or not. Current Asset A Item 1. Cash and cash equivalents 2. Property plant & equipment 3. Inventory 4. Accounts payable 5. Marketable securities 6. Goodwill A 7. Accrued expenses 8. Prepaid expenses C. Which of the following would be included among 3M's long-term assets? Note: Next to each item, select yes or no to indicate whether the item is a long-term asset or not. Item Long-term Asset 1. Property plant & equipment 2. Accounts payable 3. Intangible assets 4. Work in process 5. Goodwill 6. Accrued expenses A 7. Prepaid expenses 8. Long-term notes payable . >