erform: Instructions Prepare Jackson Corporation's balance sheet at December 31, 2018, complete with its proper heading. a. Enter all amounts as positive values. Do not use a minus sign or parentheses for any values to be subtracted. b. Check your spelling carefully and do not abbreviate. c. Enter amounts in millions, as provided to you in the data. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab you will be marked wrong.) Total Points 1 The Financial Statements Construct a balance sheet 4 The following data is given for Jackson Corporation as at December 31, 2018. Cash Accounts receivable Long-term assets Accounts payable Long-term note payable Common stock Retained earnings $52 million $23 million $45 million $21 million $31 million $28 million $40 million 14 Use the blue shaded areas on the ENTERANSWERS tab for inputs. 15. Always use cell references and formulas where appropriate to receive full credit. If you copy/paste 16 from the Instructions tab you will be marked wrong 18 Requirement 19 Prepare Jackson Corporation's balance sheet at December 31, 2018, complete with its proper heading. a. Enter all amounts as positive values. Do not use a minus sign or parentheses for any values to be subtracted. 21 b . Check your spelling carefully and do not abbreviate. 22 C . Enter amounts in millions, as provided to you in the data. 1 Prepare Jackson Corporation's balance sheet at December 31, 2018, complete with its proper heading. (Always use cell references and formulas where appropriate to receive full credit. If you 2 copy/paste from the Instructions tab you will be marked wrong.) Sin Millions 8 Assets 9 Current Assets 12 Total current assets 14 Total assets 15 Liabilities 16 Current liabilities: 18 Total current liabilities 20 Total liabilities 21 Stockholders' Equity 24 Total stockholders' equity 25 Total liabilities and stockholders' equity