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Required information {The following information applies to the questions displayed below.) The following information was reported in the December 31, 2012, financial statements of Southeast

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Required information {The following information applies to the questions displayed below.) The following information was reported in the December 31, 2012, financial statements of Southeast Airlines, Inc. (listed alphabetically, amounts in millions). 690 Accounts Payable $ 4,225 Accounts Receivable Aircraft Fuel Expense 9,800 Cash 3,080 Common Stock 1,275 Dividends 50 Equipment 15,690 Income Tax Expense 300 Interest Expense 240 Landing Fees Expense 4,200 Notes Payable 7,005 Repairs and Maintenance Expense 2,300 Retained Earnings (as of December 31, 2012) 7,690 Salaries and Wages Expense 3,445 Supplies 735 Ticket Revenues 22,600 SOUTHEAST AIRLINES, INC. Balance Sheet (Amounts in millions)

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