M1-16 (Algo) Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet [LO 1-2, LO 1-3] [The following information applies to the questions displayed below.] The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically, amounts in millions). Accounts Payable Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment Income Tax Expense $4,520 600 8,900 2,990 1,230 30 14,610 210 Interest Expense 150 Landing Fees Expense 3,300 Notes Payable 6,960 Repairs and Maintenance Expense 1,400 Retained Earnings (as of December 31) 6,180 Salaries and Wages Expense 3,310 Supplies 690 Ticket Revenues 18,100 9 Google Chrome 3. Prepare a balance sheet at December 31. (Enter your answers in millions (i.e., 10,000,000 should be NATIONAL AIRWAYS, Incorporated Balance Sheet (Amounts in millions) 9Google Chrome Profes Search on cor www.sea (Amounts in millions) +