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Prepare Dupont's consolidated 20X1 income statement and its consolidated balance sheet for December 31,20X1. The below chart is the data needed Net sales and other

Prepare Dupont's consolidated 20X1 income statement and its consolidated balance sheet for December 31,20X1.

The below chart is the data needed

Net sales and other operating revenue

$990

Investments in affiliated companies

190

Common stock,

5 comma 000 comma 0005,000,000,

$1 par

5

Depreciation and amortization

45

Accounts payable

215

Cash

33

Paid-in capital in excess of par

110

Interest expense

30

Retained earnings

171

Accrued income taxes payable

35

Cost of goods sold and operating expenses, exclusive of depreciation and amortization

680

Subordinated debentures, 11% interest, due December 31, 20 Upper X 820X8

130

Noncontrolling interest in consolidated subsidiaries' net income

34

Goodwill

108

First-mortgage bonds, 10% interest, due December 31, 20 Upper X 920X9

69

Property, plant, and equipment, net

122

Preferred stock,

4 comma 000 comma 0004,000,000

shares, $50 par, dividend rate is $3.5 per share

200

Short-term investments at market value

43

Income tax expense

96

Accounts receivable, net

168

Noncontrolling interest in subsidiaries

67

Inventories at average cost

338

Dividends declared and paid on preferred stock

14

Equity in earnings of affiliated companies

5

PrintDone

Prepare Dupont's consolidated income statement. (Enter all amounts in millions except earnings per share. Round earnings per share to the nearest cent.)

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Dupont Molding Company

Consolidated Income Statement

For the Year Ended December 31, 20X1

(in millions)

Net sales and other operating revenue

$

Cost of goods sold and operating expenses, exclusive of depreciation and amortization

Depreciation and amortization

Equity in earnings of affiliated companies

Operating income

Interest expense

Income before income taxes

Income taxes

Net earnings before noncontrolling interests

Noncontrolling interest in consolidated subsidiaries' net income

Net earnings attributable to Dupont Molding Company

Earnings per share of common stock: (12,000,000 shares)

$

Prepare

Dupont'sDupont's

consolidated balance sheet.

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Dupont Molding Company

Consolidated Balance Sheet

As of December 31, 20X1

(in millions)

ASSETS

Current Assets

Cash

$

Short-term investments at market value

Accounts receivable, net

Inventories at average cost

Total current assets

Investments in affiliated companies

Property, plant, and equipment, net

Goodwill

Total assets

$

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LIABILITIES AND SHAREHOLDERS' EQUITY

Current Liabilities

Accounts payable

$

Accrued income taxes payable

Total current liabilities

Long-term liabilities

First mortgage bonds, 10% interest, due Dec. 31, 20X9

Subordinated debentures, 11% interest, due Dec. 31, 20X8

Total long-term liabilities

Total liabilities

$

Stockholders' Equity

Preferred stock, 2,000,000 shares, $50 par

Common stock, 12,000,000 shares, $1 par

Paid-in capital in excess of par

Retained earnings

Total stockholders' equity

Noncontrolling interest in subsidiaries

Total equity

Total liabilities and stockholders' equity

$

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