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P2-1C Suppose the following items are from the 2014 balance sheet of Kellogg Company. (All dollars are in millions.) Common stock Accumulated depr.-equipment Notes payablecurrent

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P2-1C Suppose the following items are from the 2014 balance sheet of Kellogg Company. (All dollars are in millions.) Common stock Accumulated depr.-equipment Notes payablecurrent Prepaid insurance Cash Bonds payable Retained earnings Accounts payable Accounts receivable, net Equipment Inventory Notes payablenoncurrent Goodwill $ 577 860 1,211 221 334 1,802 1,698 1,077 1,093 3,870 910 4,835 5,632 Instructions Prepare a classified balance sheet for Kellogg Company as of December 31, 2014

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