My Driv xon, The Prosident And D ps://drive.google 765 Integration Exercises Rowen Company ance Sheet Ending Beginning Balance Balance Current assets Cash and cash equivalents Accounts receivable $ 70 91 572 536 620 1.226 1243 1,719 1,656 Total current assets. Less accumulated depreciation Net property, plant, and equipment Total assets. 6400 1.07911 1,176 S 2.35 2,419 Current liabilities: $ 205 180 105 Accounts payable Accrued iabilities Income taxes payable Total current iabilities Bonds payable Total liabilities. , Stockholders' equity 94 72 371 180 373 310 683 551 800 954 936 1,736 $ 2,305 2.419 Common stock 800 Retained earnings 1,754 Total stockholders' equity Total liabilities and stockholders equity Rowan Company Incorme Statement For the Year Ended December 31 (dollars in millions) $4,350 3.470 880 820 60 Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items. Gain on sale of equipment Income before taxes Income taxes Net income $ 42 Rowan also provided the following information: I. The company sold equipment that had an original cost of $16 million and accumulated depre- MacBook A