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The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Assets Liabilities

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The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Assets Liabilities and Equity Cash and equivalents 15 Accounts payable $ 100 Accounts receivable 520 Accruals 220 Inventories 860 Notes payable 230 Total current assets $ 1,395 Total current liabilities $ 550 Net plant and equipment 2,425 Long-term bonds 1,490 Total liabilities $ 2,040 Common stock (100 million shares) 280 Retained earings $ 1,500 Common equity $ 1,780 Total assets $ 3,820 Total liabilities and equity $ 3,820 Davidson Corporation: Income Statement for Year Ending December 31, 2018 (Millions of Dollars) Sales $ Operating costs excluding depreciation and amortization EBITDA $ Depreciation and amortization 6,500 3,250 3,250 EBIT 325 Interest 2,925 204 EBT Taxes (40%) Net income 2,721 1,088.4 1,632.6 1,159.146 Common dividends paid $ $ a. Construct the statement of stockholders' equity for December 31, 2018. No common stock was issued during 2018. Write out all your answers completely. For example, 25 million should be entered as 25,000,000. Round your answers to the nearest share or dollar Common Stock Retained Total Stockholders' Shares Amount Earings Equity Balances, 12/31/17 $ $ 2018 Net income Cash dividends Addition to RE Balances, 12/31/18 $ Enter your answers for parts b-din milions. For example, an answer of $25,000,000 should be entered as 25 b. How much money has been reinvested in the firm over the years? Round your answer to the nearest hundredth of million, if necessary $ milion c. At the present time, how large a check could be written without it bouncing? Round your answer to the nearest hundredth of million, if necessary $ milion d. How much money must be paid to current creditors within the next year? Round your answer to the nearest hundredth of milion, if necessary. $ milion Davidson Corporation: Income Statement for Year Ending December 31, 2018 (Millions of Dollars) Sales $ 6,500 Operating costs excluding depreciation and amortization 3,250 EBITDA $ 3,250 Depreciation and amortization 325 EBIT $ 2,925 Interest 204 $ 2,721 Taxes (40%) 1,088.4 Net income $ 1,6326 Common dividends paid $ 1,159.146 Earnings per share $ 16.326 a. Construct the statement of stockholders' equity for December 31, 2018. No common stock was issued during 2018 Write out all your answers completely. For example, 2 milion should be entered as 25,000,000. Round your answers to the nearest share or dollar Common Stock Retained Total Stockholders' Shares Amount Earings Equity Balances, 12/31/17 $ $ 2018 Net income Cash dividends Addition to RL $ Balances, 12/31/18 $ $ Enter your answers for parts b.d in milions. For example, an answer of $25,000,000 should be entered as 25. b. How much money has been reinvested in the firm over the years? Round your answer to the nearest hundredth of million, if necessary Activate Windows Go to Settings to activate W s milion c. At the present time, how large a check could be written without it bouncing? Round vour answer to the nearest hundredth of million f necessary

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