Problem $2(50$ points$)$: Belk Corporation's balance sheet appears below:

Comparative Balance Sheet

Assets:

Cash and cash equivalents

Accounts receivable

Inventory

Property, plant, and

equipment

Less accumulated

depreciation

Total assets

Liabilities and stockholders'

equity:

Accounts payable

Accrued liabilities

Income taxes payable

Bonds payable

Common stock

Retained earnings

Total liabilities and equity

Ending Balance

$\backslash$table$[[$$$58,$$$56$