A comparative balance sheet and an incom e statement for Burgess Company are given below Burgess Company Comparative Balance Sheet (dollars in millions) Ending Beginning Balance Balance Assets Current assets: Cash and cash equivalents 43 89 Accounts receivable 680 624 Inventory 670 626 Total current assets 1,393 1,339 Property, plant and equipment 1,545 1,520 Less accumulated depreciation 794 663 Net property, plant, and equipment 751 857 Total assets 2,144 2,196 Liabilities and Stockholders' Equity Current liabilities: Accounts payable 268 164 Accrued liabilities 184 166 Income taxes payable 85 76 Total current liabilities 537 406 Bonds payable 435 640 Total liabilities 972 1,046 Stockholders' equity: Common stock 165 165 Retained earnings 1,007 985 Total stockholders' equity 1,172 1,150