The Davidson Corporation's balance sheet and income statement are provided here Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Liabilities and Equity Assets Cash and equivalents Accounts receivable Inventories $ 10 Accounts payable $140 240 220 $600 1,500 $ 2,100 240 $ 1,500 $ 1,740 $ 3,840 510 Accruals 810 Notes payable Total current assets $1,330 Total current liabilities Net plant and equipment 2,510 Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total assets $3,840 Total liabilities and equity