This is the whole question they dont give you the income statement.

Following is the balance sheet for Medtronic PLC for the year ended April 29, 2016. Medtronic plc Consolidated Balance Sheets ($ millions) Apr. 29, 2016 Apr. 24, 2015 Current assets Cash and cash equivalents $2,768 $4,843 Investments 9.758 14,637 Accounts receivable 5,562 5,112 Inventories 3,473 3,463 Tax assets 697 1,335 Prepaid expenses and other current assets 1,234 1,454 Total current assets 23,492 30,844 Property, plant, and equipment, net 4,841 4,699 Goodwill 41,500 40,530 Other intangible assets, net 26,899 28,101 Long-term tax assets 1,383 774 Other assets 1,559 1,737 Total assets $99,674 $106,685 Current liabilities Short-term borrowings $885 $2,434 Accounts payable 1,709 1,610 Accrued compensation 1.712 1,611 Accrued income taxes 566 935 Deferred tax liabilities 119 Other accrued expenses 2,185 2.464 Total current liabilities 7,057 9,173 Long-term debt 30,247 33,752 Long-term accrued compensation 1,759 1,535 Long-term accrued income taxes 2.903 2,476 Long-term deferred tax liabilities 3,729 4.700 Other long-term liabilities 1,916 1,819 Total liabilities 47,611 53,455 $885 1,709 1,712 566 Current liabilities Short-term borrowings Accounts payable Accrued compensation Accrued income taxes Deferred tax liabilities Other accrued expenses Total current liabilities Long-term debt Long-term accrued compensation Long-term accrued income taxes Long-term deferred tax liabilities Other long-term liabilities Total liabilities Shareholders' equity Ordinary shares Retained earnings Accumulated other comprehensive (loss) Total shareholders' equity Total liabilities and shareholders' equity 2,185 7,057 30,247 1,759 2,903 3,729 1,916 47,611 $2,434 1,610 1,611 935 119 2,464 9,173 33,752 1.535 2,476 4,700 1,819 53,455 53,931 (1,868) 52,063 $99,674 54,414 (1.184) 53,230 $106,685 Use the following assumptions to forecast the company's balance sheet for FY2017. Forecasted FY2017 net income Forecasted FY2017 net sales Accounts receivable Inventories Tax assets Prepaid expenses and other current assets Long-term tax assets Other assets Accounts payable Accrued compensation Accrued income taxes Other accrued expenses Long-term accrued income taxes Long-term deferred tax liabilities Other long-term liabilities Investments Goodwill Long-term accrued compensation and retirement benefits Ordinary shares Accumulated other comprehensive (loss) CAPEX Depreciation expense Amortization expense in FY2016 Current maturities of debt due in FY2017 Current maturities of debt due in FY2018 Dividend payout ratio $4,839 million $34,079 million 19.3% of net sales 12.0% of net sales 2.4% of net sales 4.3% of net sales 4.8% of net sales 5.4% of net sales 5.9% of net sales 5.9% of net sales 2.0% of net sales 7.6% of net sales 10.1% of net sales 12.9% of net sales 6.6% of net sales No change No change No change No change No change 3.6% of net sales 18.9% of prior year PPE, net $1.931 million $885 million $6,176 million 60.5% Round your answers to the nearest whole number. Use a negative sign with your Accumulated other comprehensive loss answer. Medtronic plc Forecasted Consolidated Balance Sheet ($ millions) EST. 2017 Current assets Cash and cash equivalents $ 6,040 x Investments 9,758 Accounts receivable 6,577 Inventories 4,089 Tax assets 818 Prepaid expenses and other current assets 1,465 Total current assets 0 x Property, plant, and equipment, net 5,153 Goodwill 41,500 Other intangible assets, net 24,968 Long-term tax assets 1,636 Other assets 1,840 Total assets $ 0 x Current liabilities Short-term borrowings $ 6,176 Accounts payable 2,011 Accrued compensation 2,011 Accrued income taxes 682 Other accrued expenses 2,590 Total current liabilities 13,470 Long-term debt 24,071 Long-term accrued compensation 1,759 Innp.term accrued income taxes 3,442 1,656 1,840 $ HA OX $ Long term tax assets Other assets Total assets Current liabilities Short-term borrowings Accounts payable Accrued compensation Accrued income taxes Other accrued expenses Total current liabilities Long-term debt Long-term accrued compensation Long-term accrued income taxes Long-term deferred tax liabilities Other long-term liabilities Total liabilities Shareholders' equity Ordinary shares Retained earnings Accumulated other comprehensive (loss) Total shareholders' equity Total liabilities and shareholders' equity 6,176 2,011 2,011 682 2,590 13,470 24,071 1,759 3,442 4,396 2,249 49,387 56,325 x (1,868) tA $ OX