The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2022. INCOME STATEMENT OF QUICK BURGER CORPORATION, 2022 (Figures in $ millions) Net sales Costs Depreciation Earnings before interest and taxes (EBIT) Interest expense Pretax income Federal taxes (@ 21%) Net income Assets Current assets Cash and marketable securities Receivables Inventories Other current assets Total current assets Fixed assets Property, plant, and equipment Intangible assets (goodwill) Other long-term assets Total assets $ 27,581 17,583 1,416 $ 8,582 531 8,051 1,691 $ 6,360 BALANCE SHEET OF QUICK BURGER CORPORATION, 2022 (Figures in $ millions) 2022 2021 $ 2,350 1,389 136 1,103 $ 4,978 $ 24,691 2,818 2,997 $ 35,484 In 2022 Quick Burger had capital expenditures of $3,063. $ 2,350 1,349 131 630 $ 4,460 $ 22,849 Liabilities and Shareholders' Equity Current liabilities Debt due for repayment Accounts payable Total current liabilities Long-term debt Other long-term liabilities 2,667 Total liabilities 3,113 Total shareholders' equity $ 33,089 Total liabilities and shareholders' equity 2022 $ 3,417 $ 3,417 $ 13,647 3,071 $ 20,135 15,349 $ 35,484 2021 $409 3,157 $ 3,566 $ 12,148 2,971 $ 18,685 14,404 $ 33,089