E5-5 (Algo) Preparing a Classified Balance Sheet LO5-3 Carlton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160 countries Presented here are the items listed on a simplified version of its recent balance sheet (dollars in millions) presented in alphabetical order Accounts payable Accounts receivable Accrued expenses Cash and cash equivalents Common stock, $0.0375 par value Intangible assets Inventories 668 595 610 320 380 3,063 970 Other assets Other current assets Other current debt Other noncurrent liabilities Property, plant, and equipment, net Retained earnings 1,140 3,716 2,322 Required: Prepare a classified consolidated balance sheet for Carlton Soup for the current year (ended July 31). (Enter your answers in millions fi.e., 10,000,000 should be entered as 10).) CARLTON SOUP COMPANY Consolidated Balance Sheet in millions) Assets Current Assets CARLTON SOUP COMPANY Consolidated Balance Sheet (in millions) Assets Current Assets Total current assets $ Total assets Liabilities and Stockholders' Equity Current liabilities Total current liabilities