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The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 3 1 , 2 0 2 1

The Davidson Corporation's balance sheet and income statement are provided here.
Davidson Corporation: Balance Sheet as of December 31,2021
(millions of dollars)
Assets Liabilities and Equity
Cash and equivalents $ 15 Accounts payable $ 110
Accounts receivable 570 Accruals 210
Inventories 840 Notes payable 230
Total current assets $ 1,425 Total current liabilities $ 550
Net plant and equipment 2,405 Long-term bonds 1,520
Total liabilities $ 2,070
Common stock (100 million shares)260
Retained earnings $ 1,500
Common equity $ 1,760
Total assets $ 3,830 Total liabilities and equity $ 3,830
Davidson Corporation: Income Statement for Year Ending
December 31,2021(millions of dollars)
Sales $ 9,500
Operating costs excluding depreciation and amortization 6,810
EBITDA $ 2,690
Depreciation and amortization 280
EBIT $ 2,410
Interest 190
EBT $ 2,220
Taxes (25%)555
Net income $ 1,665
Common dividends paid $ 509
Earnings per share $ 16.65
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.
Common Stock Retained Total Stockholders'
Shares Amount Earnings Equity
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.
How much money has been reinvested in the firm over the years? Round your answer to the nearest hundredth of million, if necessary.
$
million
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.
$
million
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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