EDGAR: The Boeing Company (ticker: BA) Visit www.sec.gov/edgar and search for the Boeing annual report (10-K) for the year ended December 31, 2019, using EDGAR (Electronic Data Gathering, Analysis, and Retrieval system). Locate its balance sheet, labeled "Consolidated Statements of Financial Position," and its income statement, labeled "Consolidated Statements of Operations." Use this information to answer the questions below. Required: 1. Suppose that on January 1, 2020, Boeing sells one of its 777 series planes to Singapore Airlines on account-its first and only transaction on the first day of the fiscal year. The sales price is $400 million and the inventory cost $330 million to manufacture. Record the journal entry for this transaction. 2. Which account(s) in the income statement would increase or decrease as a result of this transaction? 3. Which account(s) in the balance sheet would increase or decrease as a result of this transaction? What is the new balance in these accounts? 4. Update the December 31, 2019, total amount of assets, liabilities and stockholders' equity to show that Boeing's balance sheet remains in balance after this transaction is properly recorded. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Suppose that on January 1, 2020, Boeing sells one of its 777 series planes to Singapore Airlines on account-its first and only transaction on the first day of the fiscal year. The sales price is $400 million and the inventory cost $330 million to manufacture. Record the journal entry for this transaction. Note: Enter your answers in millions.