The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet...

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Finance

The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2021 (millions of dollars) Assets Liabilities and Equity Cash and equivalents $ 20 Accounts payable $ 100 Accounts receivable 610 Accruals 310 Inventories 810 Notes payable 210 Total current assets $ 1,440 Total current liabilities $ 620 Net plant and equipment 2,530 Long-term bonds 1,490 Total liabilities $ 2,110 Common stock (100 million shares) 260 Retained earnings $ 1,600 Common equity $ 1,860 Total assets $ 3,970 Total liabilities and equity $ 3,970 Davidson Corporation: Income Statement for Year Ending December 31, 2021 (millions of dollars) Sales $ 4,500 Operating costs excluding depreciation and amortization 3,590 EBITDA $ 910 Depreciation and amortization 280 EBIT $ 630 Interest 130 EBT $ 500 Taxes (25%) 125 Net income $ 375 Common dividends paid $ 180 Earnings per share $ 3.75 Construct the statement of stockholders' equity for December 31, 2021. No common stock was issued during 2021. Write out all your answers completely. For example, 25 million should be entered as 25,000,000. Round your answers to the nearest share or dollar. Common Stock Retained Total Stockholders' Shares Amount Earnings Equity Enter your answers for parts b-d in millions. For example, an answer of $25,000,000 should be entered as 25. b. How much money has been reinvested in the firm over the years? Round your answer to the nearest hundredth of million, if necessary. c. At the present time, how large a check could be written without it bouncing? Round your answer to the nearest hundredth of million, if necessary. d. How much money must be paid to current creditors within the next year? Round your answer to the nearest hundredth of million, if necessary

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