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Sam's Wholesale Corporation operates more than 5 9 0 membership warehouses and employs more than 1 6 4 , 0 0 0 people. Its annual

Sam's Wholesale Corporation operates more than 590 membership warehouses and employs more than 164,000 people. Its annual report included the following items at August 31,2011(in millions of dollars): nore than 590 membership warehouses and employs more than 164,000 people. Its annual re
Data table
\table[[Accrued liabilities,$],[Cash and cash equivalents,4,079],[Total stockholders' equity,b],[Total liabilities,1,206],[Long-term debt,88,224],[Total revenues,948],[Accounts receivable,4,540],[Common stock,a],[Inventories,12,527],[Accounts payable,7,584],[Property, net of accumulated depreciation,2,724],[Retained earnings,4,234],[Other assets,951],[Other liabilities,27,121],[Other stockholders' equity,],[Total assets,]]
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Requirement
Prepare a condensed balance sheet including amounts for the following:
a. Inventory
b. Total stockholders' equity
c. Total llabilities
Begin by preparing the assets section of a condensed balance sheet, then complete the balance sheet by preparing the liabilities and stockholders' equity section of the statement.
Sam's Wholesale Corporation
Balance Sheet
August 31,2011
.(in millions)
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