my work mout ims snows what is correct or incorrect for the work you have completed so m: It does not indicate comp Return Required information The following information applies to the questions displayed below) Edward Allen Interiors Inc. is a leading manufacturer and retailer of home furnishings in the United States and abroad The following is adapted from Edward Allen's September 30, 2016, trial balance. (The amounts shown represent millions of dollars.) Accounts Payable Accounts Receivable Cash s 120 16 112 Common Stock 27 305 148 165 Equipnent Inventory Notes Payable (long-term) Notes Payable (short-tern) Prepaid Rent Retained Earnings Salaries and Wages Payable Softvare 29 26 65 Assume that the following events occurred in the following quarter a. Paid $45 cash for additional inventory. b. Issued additional shares of common stock for $35 in cash. c. Purchased equipment for $150: paid $70 in cash and signed a note to pay the remaining $80 in two years d. Signed a short-term note to borrow $13 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $34 6. Prepare a classified balance sheet at December 31, 2016. (Enter your answers in millions (i.e., 10,000,000 should be entered as 7 8 9 of 9 EENext>