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The following table presents the long-term liabilities and stockholders' equity of Information Control Corp. one year ago: During the past year, Information Control issued 11.5
The following table presents the long-term liabilities and stockholders' equity of Information Control Corp. one year ago: During the past year, Information Control issued 11.5 million shares of new stock at a total price of $61 million, and issued $36.5 million in new long-term debt. The company generated $12 million in net income and paid $3.5 million in dividends. Prepare the current balance sheet reflecting the changes that occurred at Information Control Corp. during the year
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