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Data Table Loving Corporation Income Statement Year Ended December 31, 2018 (millions) Net sales 410 Expenses Net income (loss) Loving Corporation Statement of Retained Earnings

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Data Table Loving Corporation Income Statement Year Ended December 31, 2018 (millions) Net sales 410 Expenses Net income (loss) Loving Corporation Statement of Retained Earnings Year Ended December 31, 2018 (millions) Beginning retained earnings Net income Cash dividends declared Ending retained earnings Loving Corporation Print Done Data Table Ending retained earnings Loving Corporation Balance Sheet December 31, 2018 (millions) Assets Cash All other assets Total assets Liabilities Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Print Done Following are partially completed financial statements (income statement, statement of retained Click the icon to view the partially completed financial statements.) 0 Net income (loss) Net income Ending retained earnings All other assets Total assets Retained earnings Total stockholders' equity Total liabilities and stockholders' equity - es are $100 million and long term b eslotal 360 million Troopit, Inc., has current assets of $200 million property, plant, and equipment of $320 million, and other asset totaling $100 million Currento Read the forements (Enter all amounts in millions of dollars.) Requirement 1. Use the data provided to write Troopit's accounting equation. Lisbos Stockholders' equity 670 Requirement 2. How much in resources does Troopt have to work with? Troopit has $ million in resources to work with

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