Requirement 3. Prepare the balance sheet (with a proper heading) for 2021. (Enter all amounts in...

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Requirement 3. Prepare the balance sheet (with a proper heading) for 2021. (Enter all amounts in milions. Classify the balance sheet by selecting the proper tide on all applicable subtotal ines in the final part complete the se balance sheet in the second part complete the liabilities and stockholders equity section of the balance sheet Clessfy the balance sheet by selecting the proper fite on all applicable sale if annul dint used in the ave the field empty, do not swect a label or tab) Burke Company Burks inoumed, dung that sama year salary expense of $32 metion, rent expense of $25 million and utities expense of $22 mlion Burke declared and paid dividends of $17 milion during the year A December 31, 2021, Burka had cash of $160 man, accounts receivable of 505 milion, property and erement of 540 mon, and other long term assets of $15 nation. At December 31, 2021, the company owed accour payable of 543 milon and had a long-term note payate of $35 millon Bune tegi 2001 with a balance in retained earengs of $77 milon A December 31,2021, Burke had tot alakhodes equty of $185 milion, which consisted of common stock and retained earnings Bute has a year end of December 35 Balance Sheet December 31, 2021 More info Asset (milom) Liabilities (nm) Current assets: Current liabilities Cast 100 Accounts payable 65 Accounts receivable 65 Total current labies Long term coles payable Total liabilities Total current assets 225 Stockholders' equity Retained eaminge Property and equipment Other long-term assets 40 (Common stock 18 Total stockholders' equity 283 Total liabilities and stockholders' equity Total assets Print Done Requirement 3. Prepare the balance sheet (with a proper heading) for 2021. (Enter all amounts in milions. Classify the balance sheet by selecting the proper tide on all applicable subtotal ines in the final part complete the se balance sheet in the second part complete the liabilities and stockholders equity section of the balance sheet Clessfy the balance sheet by selecting the proper fite on all applicable sale if annul dint used in the ave the field empty, do not swect a label or tab) Burke Company Burks inoumed, dung that sama year salary expense of $32 metion, rent expense of $25 million and utities expense of $22 mlion Burke declared and paid dividends of $17 milion during the year A December 31, 2021, Burka had cash of $160 man, accounts receivable of 505 milion, property and erement of 540 mon, and other long term assets of $15 nation. At December 31, 2021, the company owed accour payable of 543 milon and had a long-term note payate of $35 millon Bune tegi 2001 with a balance in retained earengs of $77 milon A December 31,2021, Burke had tot alakhodes equty of $185 milion, which consisted of common stock and retained earnings Bute has a year end of December 35 Balance Sheet December 31, 2021 More info Asset (milom) Liabilities (nm) Current assets: Current liabilities Cast 100 Accounts payable 65 Accounts receivable 65 Total current labies Long term coles payable Total liabilities Total current assets 225 Stockholders' equity Retained eaminge Property and equipment Other long-term assets 40 (Common stock 18 Total stockholders' equity 283 Total liabilities and stockholders' equity Total assets Print Done