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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 $2,100 Accumulated depreciationequipment

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

Common stock

$2,100

Accumulated depreciationequipment

$2,890

Prepaid rent

150

Accounts payable

1,770

Equipment

6,070

Patents

2,160

Stock investments (long-term)

700

Notes payable (long-term)

710

Debt investments (short-term)

1,620

Retained earnings

7,260

Income taxes payable

140

Accounts receivable

1,900

Cash

1,200

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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