Suppose the following items were taken from the 2022 fi nancial statements of Texas Instruments, Inc. (All dollars are in millions.) 

Instructions 

Prepare a classified balance sheet in good form as of December 31, 2022.

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Common stock Prepaid rent Equipment Stock investments (long-term) Debt investments (short-term) Income taxes payable Accumulated depreciation-equipment Accounts payable Patents Notes payable (long-term) Retained earnings Accounts receivable $2,826 $3,547 1,459 2,210 810 6,896 1,823 1,202 164 6,705 637 1,743 128 1,182 Cash Inventory