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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)
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 $3,100 Accumulated depreciation-equipment $3,730 Prepaid rent 150 Accounts payable 1,680 Equipment 6,400 Patents 2,440 Stock investments (long-term) 640 Notes payable (long-term) 790 Debt investments (short-term) 1,800 Retained earnings 6,060 Income taxes payable 170 Accounts receivable 1,800 Cash 1,190 Inventory 1,110 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)
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