Orange Incorporated, headquartered in Cupertino, California, designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories, and sells a variety of related services. The following is Orange's $($simplified$)$ balance sheet from a recent year $($fiscal year ending on the last Saturday of September$).$

ORANGE INCORPORATED

CONSOLIDATED BALANCE SHEET

September $28,2019$

$($dollars in millions$)$

ASSETS

Current assets:

Cash $$13,954$

Short$-$term investments $11,321$

Accounts receivable $17,595$

Inventories $2,125$

Other current assets $24,040$

Total current assets $69,035$

Long$-$term investments $131,120$

Property, plant, and equipment, net $20,776$

Other noncurrent assets $12,616$

Total assets $$233,547$

LIABILITIES AND STOCKHOLDERS$$ EQUITY

Current Liabilities:

Accounts payable $$30,420$

Accrued expenses $18,591$

Unearned revenue $8,557$

Short$-$term debt $6,355$

Total current liabilities $63,923$

Long$-$term debt $29,205$

Other noncurrent liabilities $28,064$

Total liabilities $121,192$

Stockholders$$ equity:

Common stock $($$$0\mathrm{.}00001$ par value$)1$

Additional paid$-$in capital $24,412$

Retained earnings $87,942$

Total stockholders$$ equity $112,355$

Total liabilities and shareholders' equity $$233,547$

Assume that the following transactions $($in millions$)$ occurred during the next fiscal year $($ending on September $26,2020)$:

Borrowed $$18,287$ from banks due in two years.

Purchased additional investments for $$23,000$ cash; one$-$fifth were long term and the rest were short term.

Purchased property, plant, and equipment; paid $$9,591$ in cash and signed a short$-$term note for $$1,430.$

Issued additional shares of common stock for $$1,489$ in cash; total par value was $$1$ and the rest was in excess of par value.

Sold short$-$term investments costing $$19,028$ for $$19,028$ cash.

Declared $$11,146$ in dividends to be paid at the beginning of the next fiscal year.

P$2-5$ Part $2$

Required:

$2.$ Post each transaction to the appropriate T$-$accounts.

Note: Enter your answers in millions.

PrevQuestion $2$ linked to $3$ and $4$ of $4$ Total$2$