The balance sheet and income statement of Eastland Products, Inc., are as follows:

Balance Sheet, December 31, Year 1 (in Millions of Dollars)
Current assets		$42		Current liabilities		$31
Fixed assets, net		110		Long-term debt		40
				Common stock ($1 par)		5
				Contributed capital in excess of par value		23
				Retained earnings		53
Total assets		$152		Total liabilities and equity		$152

Income Statement for the Year Ended December 31, Year 1
Sales			$120
Cost of sales			81
EBIT			$39
Interest			5
EBT			$34
Taxes (40%)			13.6
Net income (EAT)			$20.4

Additional Information
Total dividends	$12 million
Market price of common stock	$34 a share
Number of common shares issued	5 million

1. Show Eastlands new balance sheet after the company sells 1 million new common shares in early Year 2 to net $29 a share. Part of the proceeds, $10 million, is used to reduce current liabilities, and the remainder is temporarily deposited in the companys bank account. Later, this remaining amount (along with additional long-term debt financing) will be invested in new manufacturing facilities. Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answers to the nearest whole number.

   New Eastland Products' Balance Sheet (Millions of Dollars)
   Current assets	$ Fill in blank	Current liabilities	$ fill in blank
   Fixed assets, net	Fill in blank	Long-term debt	fill in blank
   		Common stock ($1 par)	fill in blank
   		Contributed capital in excess of par value	fill in blank
   		Retained earnings	fill in blank
   Total assets	$ fill in blank	Total liabilities and equity	$ fill in blank