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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 $2,210 Accumulated depreciationequipment

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

Common stock

$2,210

Accumulated depreciationequipment

$3,200

Prepaid rent

150

Accounts payable

1,510

Equipment

6,170

Patents

2,210

Stock investments (long-term)

700

Notes payable (long-term)

870

Debt investments (short-term)

1,770

Retained earnings

7,120

Income taxes payable

180

Accounts receivable

1,880

Cash

1,120

Inventory

1,090

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

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