$\backslash$table$[[$RED$,$ INCORPORATED$],[\backslash$table$[[$Comparative Balance Sheets$],[$December $31,2024$ and $2023($ $ in millions$)]]],[],[,2024,2023],[$Assets$],[$Cash$,543,$$ $138],[$Accounts receivable,$196,151],[$Prepaid insurance,$9,4],[$Inventory$,302,194],[$Buildings and equipment,$438,369],[$Less: Accumulated depreciation,$(138),(259)],[,5850,$$ $597],[$Liabilities$],[$Accounts payable,$ $106,$$ $138],[$Accrued liabilities,$8,15],[\backslash$table$[[$Notes payable$],[$Bonds payable$]],69,0],[,154,0],[$Shareholders$\text{'}$ Equity$],[$Common stock,$419,419],[$Retained earnings,$94,25],[,5850,$$ $597]]$

RED, INCORPORATED

Statement of Incone

For Year Ended December $31,2024$

$($ $ in millions$)$

Revenues

Sales revenue

$$2,190$