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Please answer the finace problem below 9 > O Q ' G) 'https:/ewconnect,mheducation,com/flow/connectlitml Week 1 Problems 0 Help Saved le/Negoe Save 8. Exit Submit Check

Please answer the finace problem below

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9 > O Q ' G) 'https:/ewconnect,mheducation,com/flow/connectlitml Week 1 Problems 0 Help Saved le/Negoe Save 8. Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 25 points Longterm debt 33 65,166,666 Preferred stock 4,616,666 Common stock ($1 par value) 15,166,666 Capital surplus 45,166,666 Accumulated retained earnings 135,166,666 Return to question /\\ During the past year, the company issued 10.1 million shares of new stock at a total price of $58.2 million, and issued $351 million in new long-term debt. The company generated $9.2 million in net income and paid $2.1 million in dividends. Prepare the current balance sheet reflecting the changes that occurred at the company during the year. (Do not round intermediate calculatlons. Enter your answers In dollars, not mllllons of dollars, e.g., 1,234,567.) Mc Graw Hill mm.\" H 0 Type here to search INFORMATION CONTROL CORP. Current Balance Sheet Long-term debt 0 $ Total longterm debt $ Shareholders' equity Preferred stock 0 $ Common stock 0 Capital surplus O Accumulated retained earnings 0 Total equity Total liabilities & equity

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