E1-4 L01-1 Preparing a Balance Sheet Honda Motor Corporation of Japan is a leading international manufacturer of automobiles, motorcycles, all-terrain vehicles, and personal watercraft. As a Japanese company, it follows Japanese GAAP and reports its financial statements in billions of yen (the sign for yen is \). Its recent balance sheet contained the following items in billions). Prepare a balance sheet as of March 31, current year, solving for the missing amount. (Hint: Exhibit 1.2 in the chapter provides a good model for completing this exercise.) Cash and cash equivalents 1,279 259 Common stock Accounts payable and other current liabilities 3,568 900 Inventories Investments 640 2.043 Long-term debt Net property, plant, and equipment 1.939 Other assets 6,025 1,377 Other liabilities Retained earnings 4.324 Total assets 11,571 Total liabilities and stockholders' equity Trade accounts, notes, and other receivables 788