gambling casine Persaud Corp. convinced Bracebridge Inc. that the two companies should establish Perbew Lad to build r Renfrew. Although chances for the casino's success were relatively low, a local bank loaned 195 million to f built the casino at a cost of $89 million. Bracebridge purchased 100 percent of the initial common shares offering for M Persaud agreed to supply 100 percent of the management which would include directing Renfrew's day-to-day actutes Persaud whe agreed to guarantee the bank loan. Additionally, Persaud guaranteed a 15 percent retum to Bracebridge 10 years. Persaud will receive all profits in excess of the 14 percent return to Bracebridge Immediately Persaud reported the following amounts (in millions) Cash Buildings & Equipment Accumulated Depreciation Accounts Payable Bonds Payable Common Shares Retained Earnings 132 investment for the The only disclosure that Persaud currently provides in its financial reports about its relationships to fracebridge and w footnote indicating that a contingent liability exists on its guarantee of Renfrew Corporation's de Required: Prepare a consolidated balance sheet for Persaud immediately following the casino's construction Enter your showers in millions of dollars. Negative amounts should be indicated by a minus sign) Assets Persaud Corp. Consolidated Balance Sheet Total assets Liabilities and Shareholder's equity c raw C # 3 < Prey 6 of 6 Next MacBook Pro A % olo 50 <6 r