what effect did the expansion have on liabilites and equity?

3alance Sheets (Millions of Dollars) Assets Cash and equivalents Short-term investments Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total equity Total liabilities and equity Income Statement (Millions of Dollars) Net sales Cost of goods sold (excluding depr. & amort.) Depreciation and amortizationa Other operating expenses Total operating costs Earnings before interest and taxes (EBIT) Less interest Pre-tax ea rnings Taxes (25%) Net Income 2022 $ 60 100 400 620 $ 1,180 $ 3,900 1 ooo $ 2,900 $ 4,080 $ 300 50 200 $ 550 800 $ 1,350 1,000 1 730 $ 2.730 $4 080 2022 $5,500 4,300 290 350 $4,940 $ 560 68 $ 492 123 $ 369 2023 $ 50 10 520 820 $1,400 $4,820 1 320 $3,500 $4,900 $ 400 250 240 $ 890 1 100 $ 1,990 1,000 1 910 $2 910 $4,900 2023 $6,000 4,800 320 420 $5,540 $ 460 108 $ 352