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The Davidson Corporation's balance sheet and income statement are provided here. 120 230 210 Davidson Corporation: Balance Sheet as of December 31, 2019 (Millions of

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The Davidson Corporation's balance sheet and income statement are provided here. 120 230 210 Davidson Corporation: Balance Sheet as of December 31, 2019 (Millions of Dollars) Assets Liabilities and Equity Cash and equivalents 15 Accounts payable Accounts receivable 505 Accruals Inventories 830 Notes payable Total current assets $ 1,350 Total current liabilities Net plant and equipment 2,480 Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total assets $ 3,830 Total liabilities and equity $ 560 1,490 $ 2,050 280 $ 1,500 $ 1,780 $ 3,830 $ 8,250 Davidson Corporation: Income Statement for Year Ending December 31, 2019 (Millions of Dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT 6,010 $ 2,240 380 $ 1,860 140 $ 1,720 430 Interest EBT Taxes (25%) Net indome Common dividends paid Earnings per share 1,290 $ 422 $ 12.90 a. Construct the statement of stockholders' equity for December 31, 2019. No common stock was issued during 2019. 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. Total Stockholders Equity Common Stock Retained Shares Amount Earnings Balances, 12/31/18 100,000 $ $ 2019 Net income Cash dividends Addition to RE Balances, 12/31/19 100,000 $ $ Enter your answers for parts b-d in millions. 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. $ million c. At the present time, how large a check could be written without it bouncing? Round your answer to the nearest hundredth of million, ir necessary 5 million d. How much money must be paid to current creditors within the next year? Round your answer to the nearest hundredth of million, if necessary, $ million

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