TGIF Corp. Lets Do a Cash Flow Statement TGIF Corp. Statement of Financial Position December 31, ($ in millions) 2016 2015 Cash 45 40 Accounts Receivable 92 96 Allowance for doubtful accounts (12) (4) Prepaid expensees 8 5 Inventory 145 130 Long-term investment 80 40 Land 100 100 Buildings 411 300 Accumulated depreciation (142) (120) Patent 16 17 TOTAL ASSETS 743 604 Accounts payable 15 32 Accrued liabilities 0 10 Notes payable 95 125 Obligations under capital lease 111 0 Bonds payable 65 50 Common stock 245 205 Retained earnings 212 182 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 743 604 Additional Information: 1. Net income and a cash dividend are the reasons for the change in retained