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The Davidson Corporation's balance sheet and income statement are provided here. $ 100 280 215 Davidson Corporation: Balance Sheet as of December 31, 2021 (millions
The Davidson Corporation's balance sheet and income statement are provided here. $ 100 280 215 Davidson Corporation: Balance Sheet as of December 31, 2021 (millions of dollars) Assets Liabilities and Equity Cash and equivalents 10 Accounts payable Accounts receivable 555 Accruals Inventories 820 Notes payable Total current assets $ 1,385 Total current liabilities Net plant and equipment 2,370 Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total assets $ 3,755 Total liabilities and equity $ 595 1,510 $ 2,105 250 $ 1,400 $ 1,650 $ 3,755 $ 5,250 4,320 $ 930 240 Davidson Corporation: Income Statement for Year Ending December 31, 2021 (millions of dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income Common dividends paid Earnings per share $ 690 230 460 115 $ $ 345 $ 150 3.45 $ a. Construct the statement of stockholders' equity for December 31, 2021. No common stock was issued during 2021. 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, 12/31/20 $ $ 2021 Net Income Cash dividends Addition to RE Balances, 12/31/21 Enter your answers for parts b-d in millions. For example, an answer of $25,000,000 should be entered as 25. $
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