FINANCIAL STATEMENTS The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2016 (Millions of Dollars) Liabilities and Equity Assets Cash and equivalents Accounts payable $10 $120 Accounts receivable 280 470 Accruals Notes payable Inventories 910 220 Total current assets $1,390 Total current liabilities $620 Net plant and equipment 2,550 Long-term bonds 1,480 Total liabilities $2,100 Common stock (100 million shares) 240 Retained earnings 1,600 Common equity $1,840 Total liabilities and equity Total assets $3,940 $3,940 Davidson Corporation: Income Statement for Year Ending December 31, 2016 (Millions of Dollars) Sales $6,000 Operating costs excluding depreciation and amortization 3,840 $2,160 EBITDA 420 Depreciation and amortization $1,740 EBIT 126 Interest $1,614 EBT Taxes (40%) 645.6 $968.4 Net income $716.616 Common dividends paid $9.684 Earnings per share a. Construct the statement of stockholders' equity for December 31, 2016. No common stock was issued during 2016. Write out all your answers completely. For example, 25 million should be entered as 25.000.000, Round your answers the nearest share or dollar. Total Stockholders" Common Stock Retained Shares Amount Earnings Equity Balances, 12/31/15 2016 Net income Cash dividends Addition to RE Balances, 12/31/16 $ Enter your answers for parts b-d in millions. For example, an answer $25,000,000 should be entered as 25. b. How much money has been reinvested in the firm over the years? Round your answer to the nearest hundredth of million, If necessary million c. At the present time, how large check could be written without it bouncing? Round your answer to the nearest hundredth of million, if necessary. million d. How much money must be paid to current creditors within the next vear? Round vour answer to the nearest hundredth of millian, if necessary. million