Question: 3. Calculate missing information using knowledge of the accounting equation: Below is some selected information from the financial statements of Schrute Farms (amounts are in

3. Calculate missing information using knowledge of the accounting equation: Below

3. Calculate missing information using knowledge of the accounting equation: Below is some selected information from the financial statements of Schrute Farms (amounts are in millions). Calculate the missing amount for total liabilities as of 12/31/18. You must show all of your work to receive full credit. $3,640 $1,595 Balance as of December 31,2017: Total Assets Total Liabilities Balance as of December 31, 2018: Total Assets Total Liabilities Summary of events occurring during the year 2018: Common Stock issuances Net Income (loss) Dividends $4,080 $?? $10 $137 $8

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