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The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2015 (Millions of Dollars) Assets Liabilities

The Davidson Corporation's balance sheet and income statement are provided here.

Davidson Corporation: Balance Sheet as of December 31, 2015 (Millions of Dollars)

Assets Liabilities and Equity
Cash and equivalents $15 Accounts payable $120
Accounts receivable 515 Notes payable 280
Inventories 880 Accruals 220
Total current assets $1,410 Total current liabilities $620
Net plant and equipment 2,590 Long-term bonds 1,520
Total debt $2,140
Common stock (100 million shares) 260
Retained earnings 1,600
Common equity $1,860
Total assets $4,000 Total liabilities and equity $4,000

Davidson Corporation: Income Statement for Year Ending December 31, 2015 (Millions of Dollars)

Sales $6,250
Operating costs excluding depreciation and amortization 5,230
EBITDA $1,020
Depreciation and amortization 220
EBIT $800
Interest 180
EBT $620
Taxes (40%) 248
Net income $372
Common dividends paid $146
Earnings per share $3.72

Construct the statement of stockholders' equity for December 31, 2015. No common stock was issued during 2015. 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.

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