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Current Attempt in Progress Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common
Current Attempt in Progress Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,630 Accumulated depreciation-equipment $3,850 Prepaid rent 160 Accounts payable 1,710 Equipment 6,760 Patents 2,470 Stock investments (long-term) 660 Notes payable (long-term) 850 Debt investments (short-term) 1,840 Retained earnings 6,860 Income taxes payable 150 Accounts receivable 1,700 Cash 1,190 Inventory 1,270 Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity) TEXAS INSTRUMENTS, INC. Balance Sheet December 31, 2022 (in millions) Assets Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.) TEXAS INSTRUMENTS, INC. Balance Sheet Current Assets Cash Debt Investments Accounts Receivable Inventory Prepaid Rent Long-Term Liabilities December 31, 2022 (in millions) Assets 1190 1840 1700 1270 160 I Liabilities and Stockholders' Equity Total Liabilities and Stockholders' Equity v
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