Please provide explanations as well. Thank you!

The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Liabilities and Equity Assets Cash and equivalents Accounts receivable Inventories $ 110 270 210 $ 590 1,520 $ 2,110 260 $ 1,600 $ 1,860 $ 3,970 $10 Accounts payable 610 Accruals 840 Notes payable Total current assets $ 1,460 Total current liabilities Net plant and equipment 2,510 Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total assets $ 3,970 Total liabilities and equity