Problem 4, I-D (all amounts in millions) January 1, 2019 December 31, 2019 Assets Cash $312 $315 Accounts Receivable $36 $38 Inventory $27 $24 Prepaid Assets $11 $12 Other Current Assets $23 $26 Investments (available for sale) $57 $63 Investments (trading securities) $23 $31 Equipment $87 $94 Accum Depreciation (54) (58) Building $94 $101 Accum Depreciation (60) (55) Land 75 85 Patents 64 66 Goodwill 44 46 Total Assets Liabilities Accounts Payable Accrued Salaries Payable 739 788 54 58 11 10 Short-term Notes Payable 12 13 Other Current Liabilities 14 12 Bonds Payable 100 100 Premium on Bonds Payable 5 4 Long-term Notes Payable 120 110 Total Liabilities 316 307 Equity Common Stock 30 35 Additional Paid-In Capital, Common Stock 140 160 Retained Earnings 271 311 Treasury Stock (45) (50) Accumulated Other Comprehensive Income 27 25 Total Equity 423 481