Forecast ADP's 2020 invome statement and balance sheet using the following relations

\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{\begin{tabular}{l} AUTOMATIC DATA PROCESSING INC. \\ Statement of Consolidated Earnings \\ For Year Ended June 30,2020,$ millions \end{tabular}} \\ \hline Total revenues & $ & 16,018 \\ \hline Operating expenses & & 0x \\ \hline Systems development and programming costs & & 0x \\ \hline Depreciation and amortization & & 0x \\ \hline Total cost of revenues & & 0x \\ \hline Selling, general, and administrative expenses & & 0x \\ \hline Interest expense & & 0x \\ \hline Total expenses & & 0x \\ \hline Other (income) expense, net & & 0x \\ \hline Earnings before income taxes & & 0x \\ \hline Provision for income taxes & & 0x \\ \hline Net earnings & & 0x \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Current liabilities & \\ \hline Accounts payable & $125.5 \\ \hline Accrued expenses and other current liabilities & 1,759.0 \\ \hline Accrued payroll and payroll-related expenses & 721.1 \\ \hline Dividends payable & 340.0 \\ \hline Short-term deferred revenues & 220.7 \\ \hline Obligations under reverse repurchase agreements & 262.0 \\ \hline Income taxes payable & 54.8 \\ \hline Total current liabilities before client funds obligations & 3,483.1 \\ \hline Client funds obligations & 29,145.0 \\ \hline Total current liabilities & 32,628.1 \\ \hline Long-term debt & 2,002.2 \\ \hline Other liabilities & 799.0 \\ \hline Deferred income taxes & 659.9 \\ \hline Long-term deferred revenues & 399.3 \\ \hline Total liabilities & 36,488.5 \\ \hline Shareholders' equity & \\ \hline Preferred stock, \$1.00 par value; Authorized, 0.3 shares; issued, none & \\ \hline Common stock, \$0.10 par value; Authorized, 1,000.0 shares; & \\ \hline issued, 638.7 shares; outstanding 434.2 shares & 63.9 \\ \hline Capital in excess of par value & 1,181.9 \\ \hline Retained earnings & 17,500.6 \\ \hline Treasury stock, at cost: 204.5 shares & (13,090.5) \\ \hline Accumulated other comprehensive loss & (257.3) \\ \hline Total stockholders' equity & 5,398.6 \\ \hline Total liabilities and stockholders' equity & $41,887.1 \\ \hline \end{tabular} Following are the income statement and balance sheet of ADP Inc. Note: Complete the entire auestion using the following Excel template: Excel Templat AUTOMATIC DATA PROCESSING INC. Balance Sheet \begin{tabular}{|l|r|} \hline \multicolumn{1}{|c|}{$ millions } & \multicolumn{1}{|c|}{ June } \\ \hline Current assets & 30,2019 \\ \hline Cash and cash equivalents & $1,949.0 \\ \hline Accounts receivable, net & 2,439.3 \\ \hline Other current assets & 519.6 \\ \hline Total current assets before funds held for clients & 4,907.9 \\ \hline Funds held for clients & 29,434.0 \\ \hline Total current assets & 34,341.9 \\ \hline Long-term receivables, net & 23.8 \\ \hline Property, plant and equipment, net & 764.0 \\ \hline Capitalized contract cost, net & 2,428.5 \\ \hline Other assets & 934.4 \\ \hline Goodwill & 2,323.0 \\ \hline Intangible assets, net & 1,071.5 \\ \hline Total assets & $41,887.1 \\ \hline \end{tabular} AUTOMATIC DATA PROCESSING INC. Balance Sheet $ millions June 30,2020 Current assets Cash and cash equivalents Accounts receivable, net Other current assets Total current assets before funds held for clients Funds held for clients Total current assets Long-term receivables, net Property, plant and equipment, net Capitalized contract cost, net Other assets Goodwill Intangible assets, net Total assets Current liabilities Accounts payable \begin{tabular}{|c|c|c|} \hline Current liabilities & & \\ \hline Accounts payable & & x \\ \hline Accrued expenses and other current I & 0 & x \\ \hline Accrued payroll and payroll-related ex & 0 & x \\ \hline Dividends payable & 0 & x \\ \hline Short-term deferred revenues & 0 & x \\ \hline Obligations under reverse repurchase & 0 & x \\ \hline Income taxes payable & 0 & x \\ \hline Total current liabilities before client fu & & x \\ \hline Client funds obligations & 0 & x \\ \hline Total current liabilities & 0 & x \\ \hline Long-term debt & 0 & x \\ \hline Other liabilities & 0 & x \\ \hline Deferred income taxes & 0 & x \\ \hline Long-term deferred revenues & 0 & x \\ \hline Total liabilities & 0 & x \\ \hline Shareholders' equity & & \\ \hline Preferred stock, $1.00 par value; Authori & 0 & \\ \hline Common stock, $0.10 par value; Authoriz & & \\ \hline issued, 638.7 shares; outstanding 434. & 0 & \\ \hline Capital in excess of par value & 0 & x \\ \hline Retained earnings & 0 & x \\ \hline Treasury stock, at cost: 204.5 shares & & x \\ \hline Accumulated other comprehensive loss & & x \\ \hline Total stockholders' equity & & x \\ \hline Total liabilities and stockholders' equity & 0 & x \\ \hline \end{tabular}