Tech Supplies Company, Incorporated, is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended February 1, 2020, are shown below. Tech Supplies Company, Incorporated Balance Sheet At February 1, 2020 ($ in millions) Assets Current assets: Cash and cash equivalents $ 2,166 Accounts receivable (net) 1,257 Inventory 5,070 Other current assets 430 Total current assets 8,923 Long-term assets 3,728 Total assets $ 12,651 Liabilities and Shareholders Equity Current liabilities: Accounts payable $ 5,400 Other current liabilities 4,375 Total current liabilities 9,775 Long-term liabilities 2,254 Shareholders equity 622 Total liabilities and shareholders equity $ 12,651 Tech Supplies