The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets 2021 $ 5,400 1,3,4 Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment 15,000 15,600 $36,000 24,000 Total assets $60,000 Liabilities and Equity Accounts payable $18,688 Accruals 10,512 Notes payable 6,000 Total current liabilities $35,200 Long-term bonds. 11,000 Total liabilities $46,200 Common stock 2.760 Retained earnings 11,040 Total common equity $13,800 X The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets 2021 $ 5,400 1,3,4 Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment 15,000 15,600 $36,000 24,000 Total assets $60,000 Liabilities and Equity Accounts payable $18,688 Accruals 10,512 Notes payable 6,000 Total current liabilities $35,200 Long-term bonds. 11,000 Total liabilities $46,200 Common stock 2.760 Retained earnings 11,040 Total common equity $13,800 X