Please Solve the Problem 1 AS SOON AS POSSIBLE

Problem 1 (14 points) Below is some information from the 2020 fiscal year financial statements of two different companies - Kohl's Corporation and Verizon Communications Inc. All amounts are in millions of U.S. dollars. Assume no new investment by stockholders in fiscal year 2020. Use the information provided to fill in the missing numbers (i.e., boxes) for each company. KOHL'S verizon INCOME STATEMENT Total Revenues 15,158 128,292 Total Expenses 109,944 Net Income/(Net Loss) (163) STATEMENT OF STOCKHOLDERS' EQUITY Common Stock Retained Earnings 2,150 Common Stock Retained Earnings 47,375 Beginning Balance 3,323 13,833 Net Income/(Net Loss) Dividends Ending Balance 3,323 55,439 BALANCE SHEET Total Assets 15,337 Total Liabilities 247,209 Stockholders' Equity: Common Stock 13,833 Retained Earnings 1,873 Total Stockholders' Equity 5,196 Total Liabilities and Stockholders' Equity 316,481