The Davidson Corporation's balance sheet and income statement are provided here Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Liabilities and Equity Assets Cash and equivalents Accounts receivable Inventories $20 Accounts payable $130 240 210 $580 1,480 $2,060 260 $ 1,600 $1,860 $3,920 530 Accruals 850 Notes payable Total current assets $ 1,400 Total current liabilities Net plant and equipment 2,520 Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total assets 3,920 Total liabilities and equity