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The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically, amounts in millions). Accounts Payable. Accounts Receivable Aircraft

The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically, amounts in millions). Accounts Payable. Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment Income, Tax Expense $4,005 750 10,400 3,140 1,305 40 16,410 360 300 Interest Expense Landing Fees Expense 4,800 Notes Payable 7,035 Repairs and Maintenance Expense 2,900 Retained Earnings (as of December 31) 8,720 Salaries and Wages Expense 3,535 Supplies 765 Ticket Revenues 25,600 NATIONAL AIRWAYS, Incorporated Income Statement (Amounts in millions) 0 0

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