Required information M1-16 (Algo) Preparing an Income Statement, Statement of Retained Earnings Balance Sheet [LO 1-2, LO 1-3] [The following information applies to the questions displayed below.] The following information was reported in the December 31 financial statements of Nationa Incorporated (listed alphabetically, amounts in millions). Accounts Payable Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment $4,520 600 8,900 2,990 1,230 30 14,610 Income Tax Expense 210 Interest Expense 150 Landing Fees Expense 3,300 Notes Payable 6,960 Repairs and Maintenance Expense 1,400 Goog Retained Earnings (as of December 31) 6,180 Salaries and Wages Expense 3,310 Supplies 690 Ticket Revenues 18,100 -. Using the balance sheet, indicate whether the total assets of National Airways at the end of the year were financed primarily by liabilities or stockholders' equity. O Liabilities Stockholders' Equity Google Chrome Professional Repair S Search for Contractor on consumeranswers. www.searchonlineinfo.com