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! Required information [The following information applies to the questions displayed below.] The following information was reported in the December 31, 2017, financial statements
! Required information [The following information applies to the questions displayed below.] The following information was reported in the December 31, 2017, financial statements of National Airways, Inc. (listed alphabetically, amounts in millions). Accounts Payable Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment Income Tax Expense $ 4,375 640 9,300 3,030 1,250 25 15,090 250 Interest Expense 190 Landing Fees Expense 3,700 Notes Payable 6,980 Repairs and Maintenance Expense 1,800 Retained Earnings (as of December 31, 2017) 6,865 Salaries and Wages Expense 3,370 Supplies 710 Ticket Revenues 20,100 3. Prepare a balance sheet at December 31, 2017. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).)
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