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Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $3,320 Accumulated
Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $3,320 Accumulated depreciation-equipment $3,320 Prepaid rent 165 Accounts payable 1,520 Equipment 6,130 Patents 2,320 Stock investments (long-term) 610 Notes payable (long-term) 770 Debt investments (short-term) 1,920 Retained earnings 6,285 Income taxes payable 180 Accounts receivable 1,700 Cash 1,260 Inventory 1,290 Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.) TEXAS INSTRUMENTS, INC. Balance Sheet For the Year Ended December 31, 2022 (in millions) Assets Current Assets Cash Accounts Receivable
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