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Mango Inc., headquartered in Cupertino, California, designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players and sells a variety of related software and services. The following is Mango's (simplified) balance sheet from a recent year (fiscal year ending on the last Saturday of September). 4 HANDO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets! Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other boncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Mccrued expenses Unearned revenue Short-term notes payable Total current liabilities long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity common stock ($0.00001 per value) Additional paid-in capital Retained earninge Total stockholders' equity Total liabilities and shareholders' equity $ 14,004 11,361 17,656 2,131 24.107 69,259 131,546 20,044 12.658 $ 234, 307 $ 30,520 18.653 3,587 62376 64,136 29,303 28,157 121,596 1 25,112 32.590 112,711 $236.397 Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 29, 2018) a. Borrowed $18,296 from banks due in two years. b. Purchased additional investments for $23,800 cash; one-fifth were long term and the rest were short term. c. Purchased property, plant, and equipment, pald $9,603 in cash and signed a short-term note for $1,440. d. Issued additional shares of common stock for $1,500 in cash: total par value was $1 and the rest was in excess of par value. e. Sold short-term investments costing $19,038 for $19,038 cash. Declared $11.956 in dividends to be paid at the beginning of the next fiscal year, e. Sola snort-term investments costing $19,038 for $19,038 casn. f. Declared $11,156 in dividends to be paid at the beginning of the next fiscal year. 3. Prepare a trial balance for the period ended September 29, 2018. (Enter your answers in mi MANGO, INC. Trial Balance (in millions) Debit Credit Cash Accounts payable Accounts receivable Accrued expenses Additional paid-in capital Cash Common ctoru Totals $ $ 0