Problem (38 points) Campbell Soup Company says the following in a footnote to its financial statements: "we are a manufacturer and marketer of high-quality, branded food and beverage products. We organized as a business corporation under the laws of New Jersey on November 23, 1922; however, through predecessor organizations, we trace our heritage in the food business back to 1869." Campbells Below are the account balances (all normal) for Campbell Soup Company as of July 28, 2019 after adjusting journal entries but before closing entries. The accounts are listed in alphabetical order. All amounts are in millions of U.S. dollars. Campbell's fiscal year ends on the Sunday nearest July 31. Fiscal year 2019 ended on July 28, 2019, and fiscal year 2018 ended on July 29, 2018. There was no new investment by stockholders during fiscal 2018 (Hint: read this as no change in Common Stock). 814 574 2.760 Accounts payable Accounts receivable Accumulated depreciation Cash Common stock Cost of goods sold Depreciation expense Dividends Goodwill and other long-term assets Income tax expenses Interest expense Interest revenue Inventories Long-term debt Net sales Other current assets Other current liabilities Other long-term liabilities Property, plant, and equipment Retained earnings Selling and administrative expenses Short-term debt Wages payable 384 5,414 389 425 8,726 151 356 2 863 7,103 8,107 499 966 1,548 5.215 942 1,588 1,371 234 Required: a) Prepare Campbell's fiscal year 2019 Income Statement. (8 points) b) Prepare Campbell's fiscal year 2019 Statement Stockholders' Equity. (4.5 points) c) Prepare Campbell's Classified Balance Sheet as of July 28, 2019. (16 points) d) Provide Campbell's fiscal year 2019 closing journal entries and answers to a few short questions. (9.5 points) Part (a): Prepare Campbell's Income Statement for the year ended July 28, 2019 (8 points). Campbell Income Statement For the year ended July 28, 2019 In millions of $ Part (b): Prepare Campbell's Statement of Stockholders' Equity for the year ended July 28, 2019 (4.5 points). Campbells Statement of Stockholders' Equity For the year ended July 28, 2019 In millions of $ Part (c): Prepare Campbell's Classified Balance Sheet as of July 28, 2019 (16 points). Campbelli Balance Sheet As of July 28, 2019 In millions of $ ASSETS Total Current Assets Total Assets LIABILITIES Total Current Liabilities Total Liabilities STOCKHOLDERS' EQUITY Total Stockholders' Equity Total Liabilities and Stockholders' Equity Part (d): Prepare Campbell's fiscal year 2019 closing journal entries. Your journal entries should be in proper journal entry form (i.e., entries, rather than T accounts). There are more rows than you need. Also answer three short questions below by providing the amount and its meaning where appropriate (9.5 points). Account Titles Debit Credit Short questions: 1. What were the net earnings reported on Campbell's fiscal 2019 income statement? 2. What is the Retained Earnings balance shown on Campbell's July 28, 2019 balance sheet? 3. How much did Campbell pay to stockholders during the fiscal year ended July 28, 2019