The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019, INCOME STATEMENT OF QUICK BURGER CORP., 2019 (Figures in millions Net sales $ 27,577 Costs 17.579 Depreciation 1,412 Earnings before interest and taxes (EBIT) $ 8,586 Interest expense 527 Pretax income 8,059 Federal taxes (21) 1,692 Net income $ 6,367 2018 5 397 3.153 $ 3,550 Assets Current assets Can and marketable securities Receivables Inventories Other current assets Total current sets Fixed asset Property. plant and equipment Intangible assets goodwi 11) Other long-term annet Total aseta BALANCE SHEET OF QUICK BURGER CORP., 2019 (Figures in 5 millions) 2019 2018 Liabilities and shareholders' Equity 2019 Current liabilities $ 2,346 $ 2,346 Debt due for repayment 1,385 1,345 Accounts payable $3,413 132 127 Total current liabilities $ 3,413 1,099 $ 4,962 $ 4,444 Long-term debt $13.643 $ 24,587 $22,845 other long-term liabilities 3,067 2.814 2,663 Total liabilities $ 20.123 3.109 Total shareholders' equity 15,333 $ 35, 456 $33,061 Total liabilities and shareholders' equity $35.456 626 $12,144 2,967 $18,661 14,400 $33,061 In 2019 Quick Burger had capital expenditures of $3,059 The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2019, INCOME STATEMENT OF QUICK BURGER CORP., 2019 (Figures in millions Net sales $ 27,577 Costs 17.579 Depreciation 1,412 Earnings before interest and taxes (EBIT) $ 8,586 Interest expense 527 Pretax income 8,059 Federal taxes (21) 1,692 Net income $ 6,367 2018 5 397 3.153 $ 3,550 Assets Current assets Can and marketable securities Receivables Inventories Other current assets Total current sets Fixed asset Property. plant and equipment Intangible assets goodwi 11) Other long-term annet Total aseta BALANCE SHEET OF QUICK BURGER CORP., 2019 (Figures in 5 millions) 2019 2018 Liabilities and shareholders' Equity 2019 Current liabilities $ 2,346 $ 2,346 Debt due for repayment 1,385 1,345 Accounts payable $3,413 132 127 Total current liabilities $ 3,413 1,099 $ 4,962 $ 4,444 Long-term debt $13.643 $ 24,587 $22,845 other long-term liabilities 3,067 2.814 2,663 Total liabilities $ 20.123 3.109 Total shareholders' equity 15,333 $ 35, 456 $33,061 Total liabilities and shareholders' equity $35.456 626 $12,144 2,967 $18,661 14,400 $33,061 In 2019 Quick Burger had capital expenditures of $3,059