Exercise 1-15 Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are in milions.) 1 Cash 2. Accounts receivable 3. Common stock 4. Notes payable . Buildings 6. Mortgage payable $2,296.37. Inventory $2,266.0 70.1 1,794.0 5,754.5 2,583.8 2,602.6 Income taxes payable ,973.7 9. Equipment 321.8 10 Retained earnings 3,776.111 Accounts payable 1,031.1 Perform each of the following. Classify each of these items as an asset, iability, or stockholders equity, and detemine the total dollar amount for each dlassification. (Enter amounts in millions up to 1 decimal place, e.g. 45.5 miion.) Cash Accounts receivable Common stoclk Notes payable Buildings Mortgage payable Inventory Income taxes payable Equipment Retained earnings Accounts payable Assets Liability Stockholders' equity s LINK TO TLX Determine Nike's accounting equation by calcula tig he value of total assets, total Eabilities, and total stockholders' equity. (Enter amounts in milions up to 1 decimal place, e.g. 45.5 million.) Total assetsTotal liabilitiesTotal stockholders' equity