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Ramakrishnan, Inc. reported 2018 net income of $70 million and depreciation of $3,200,000. The top part of Ramakrishnan, Inc.s 2018 and 2017 balance sheets is

Ramakrishnan, Inc. reported 2018 net income of $70 million and depreciation of $3,200,000. The top part of Ramakrishnan, Inc.s 2018 and 2017 balance sheets is listed below (in millions of dollars).

2018 2017 2018 2017
Current assets: Current liabilities:
Cash and marketable securities $ 75 $ 22 Accrued wages and taxes $ 39 $ 31
Accounts receivable 90 88 Accounts payable 84 75
Inventory 222 136 Notes payable 75 70
Total $ 387 $ 246 Total $ 198 $ 176

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