Question: please answer asap!!!!!! :) Required information [The following information applies to the questions displayed below] The following information was reported in the December 31 financial
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Required information [The following information applies to the questions displayed below] The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically. amounts in millions). 2. Prepare a statement of retained earnings for the year ended December 31. TIP: Assume the balance in Retained Earnings was $5.405 (million) at January 1. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).) The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically. amounts in millions). 3. Prepare a balance sheet at December 31. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10.).) Required information [The following information applies to the questions displayed below] The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically. amounts in millions). 1. Prepare an income statement for the year ended December 31. (Enter your answers in miltions (i.e., 10,000,000 should be entered as 10.).) Required information [The following information applies to the questions displayed below.] The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically, amounts in millions). 4. Using the balance sheet, indicate whether the total assets of National Airways at the end of the year were financed primarily by liabilities or stockholders' equity. Liabilities Stockholders' Equity
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