The most recent data from the annual balance sheets of N&B Equipment Company and Scramouche Opera Company are as follows: Balance Sheet December 31st (Millions of dollars) Scramouche Opera Company N&B Equipment Company Scramouche Opera Company N&B Equipment Company Assets Liabilities Current assets Current liabilities Cash $861 $553 Accounts payable $0 $0 Accounts receivable 315 203 Accruals 190 0 Inventories 924 594 Notes payable 1,075 1,012 Total current assets $2,100 $1,350 Total current liabilities $1,265 $1,012 Net fixed assets Long-term bonds 1,547 1,238 Net plant and equipment 1,650 1,650 Total debt $2,812 $2,250 Common equity Common stock $610 $488 Retained earnings 328 262 Total common equity $938 $750 Total assets $3,750 $3,000 Total