Suncor Energy Inc. reported the following current assets and current liabilities (in millions) at December 31, 2014:
Accounts payable and accrued liabilities....................$5,704
Accounts receivable.............................................4,275
Cash and cash equivalents......................................5,495
Current portion of long-term debt.................................34
Current portion of provisions....................................752
Income taxes payable...........................................1,058
Income taxes receivable...........................................680
Inventories........................................................3,466
Short-term debt....................................................806
(a) Prepare the current liabilities section of the balance sheet.
(b) Calculate the current and acid-test ratios.