Cumberland Sports, Inc. reported the following in recent balance sheets (amounts in millions). (in millions) Assets September December 30, 2016 31, 2015 Current Assets Cash Accounts Receivable Inventories Prepaid Rent Total Current Assets Software Equipment Total Assets Liabilities and Shareholders' Equity $ 567 $ 560 1,472 562 1,791 730 100 53 3,930 1,905 625 216 2,131 708 $6,686 $2,829 Liabilities Current Liabilities Accounts Payable Notes Payable (short-term) Income Taxes Payable $1,060 $ 742 0 2 100 5 Total Current Liabilities Notes Payable (long-term) Total Liabilities 1,160 749 236 131 1,396 880 Stockholders' Equity Common Stock 221 66 Retained Earnings 5,069 1,883 Total Shareholders' Equity 5,290 1,949 Total Liabilities and Shareholders' Equity $6,686 $2,829