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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 $2,180 Accumulated depreciationequipment

Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.)

Common stock

$2,180

Accumulated depreciationequipment

$3,310

Prepaid rent

175

Accounts payable

1,030

Equipment

6,460

Patents

2,100

Stock investments (long-term)

690

Notes payable (long-term)

730

Debt investments (short-term)

1,830

Retained earnings

8,035

Income taxes payable

140

Accounts receivable

1,700

Cash

1,400

Inventory

1,070

Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.

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