Amounts of the assets and liabilities of Alan Sanders Realty Company, as of July 31, 2014, are given as follows. Also included are revenue, expense, and selected stockholders€™ equity fgures for the year ended on that date (amounts in millions):

Requirement
1. Construct the balance sheet of Alan Sanders Realty Company at July 31, 2014. Use the accounting equation to compute ending retainedearnings.

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Total revenue Receivabl Current liabilities Common stock Interest expense Salary and other employee expenses Long-term liabilities1 S 37.8 Investment assets (long-term).. $135.6 0.6 Property and equipment, net. 2.1 21.8 Retained earnings, beginning 0.6 Retained earnings, ending... 1.9 5.3 16.9 Other expenses... ....13.8 Cash 1.8 102.2 Other assets (long-term.. 10.7