King Corporation reported the following accounts and amounts (in millions) in its financial statements for the year ended November 30, 2018. Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Cash and Cash Equivalents Common Stock Deferred Revenue Equipment Income Taxes Payable Notes Payable (long-term) Notes Receivable (long-term) Prepaid Rent Retained Earnings Service Revenue Short-Term Investments Software $ 870 940 530 1,160 60 1,060 500 1,980 7,830 60 2,970 280 300 7,470 520 4,250 940 Required: Prepare a classified balance sheet. The Allowance for Doubtful Accounts relates entirely to Accounts Receivable. (One of the accounts does not belong on the balance sheet.) (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) KING CORPORATION Balance Sheet As of November 30, 2018 (in millions of dollars) Assets Current Assets Accounts Receivable, net of Allowance Total Current Assets Non-current Assets Equipment, net of Accumulated Depreciation Software, net of Accumulated Amortization Total Assets Liabilities Current Liabilities Total Current Liabilities Non-current liabilities Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity