Problem 1 (14 points) Below is some information from the 2019 financial statements of two different companies - The Coca- Cola Company and PepsiCo, Inc. All amounts are in millions of U.S. dollars. Assume no new investment by stockholders in 2019, Use the information provided to fill in the missing numbers (i.e., boxes) for each company. INCOME STATEMENT Total Revenues 37,829 67,361 Total Expenses 60,047 Net Income/(Net Loss) 8,920 STATEMENT OF STOCKHOLDERS' EQUITY Common Stock Retained Earnings Common Stock Retained Earnings Beginning Balance 1,760 17,263 3,909 8,968 Net Income/(Net Loss) Dividends Ending Balance 1,760 10,959 BALANCE SHEET Total Assets 86,381 Total Liabilities 63,679 Stockholders' Equity: 2 Common Stock 3,909 Retained Earnings 19,338 Total Stockholders' Equity 21,098 Total Liabilities and Stockholders' Equity 78,547 Problem 2 (24 points) Keurig Keurig Dr Pepper Inc.'s financial statements note that it "is a leading coffee and cola) carbonated soft drinks (CSDs), specialty coffee, and non-carbonated beverages (NCBs), and is a leader in single serve coffee brewing systems in the U.S. and Canada." Below are the account balances (all normal) in alphabetical order from Keurig Dr Pepper financial statements as of December 31, 2019 except the Retained Earnings account. All amounts are in millions of U.S. dollars. Assume no new investment by stockholders in 2019. Accounts payable 3,176 Accounts receivable 1,115 Cash 101 Common stock 21,571 Cost of goods sold 4,778 Depreciation expense 358 Dividends 441 Goodwill and other noncurrent assets 45,217 Income tax expense 440 Interest expense 684 Inventories 654 Long-term liabilities 19,787 Net sales 11,120 Other current liabilities 1,705 403 2,028 Prepaid expenses and other current assets Property, plant, and equipment, net Retained earnings (December 31, 2018) Selling, general, and administrative expenses Short-term debt 873 3,606 1,593 Required: 4 Prepare the following 2019 financial statements for Keurig Dr Pepper Inc.: a) Income Statement (7 points) b) Statement of Stockholders' Equity (4.5 points) c) Balance Sheet (12.5 points)