Financial Statements The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2012 (Millions of Dollars) Assets Liabilities and Equity Cash and equivalents $20 Accounts payable $130 Accounts receivable 545 Notes payable 225 Inventories 890 Accruals 250 Total current assets $1,455 Total current liabilities $605 Net plant and equipment 2,330 Long-term bonds 1,520 Total debt $2,125 Common stock (100 million shares) 260 Retained earnings 1,400 Common equity $1,660 Total assets $3,785 Total liabilities and equity $3,785 Davidson Corporation: Income Statement for Year Ending December 31, 2012 (Millions of Dollars) Sales $6,000 Operating costs excluding depreciation and amortization 3,600 EBITDA $2,400 Depreciation and amortization 360 EBIT $2,040 Interest 170 EBT $1,870 Taxes (40%) 748 Net income $1,122 Common dividends paid $729.3 Earnings per share $11.22

a. Construct the statement of stockholders' equity for December 31, 2012. No common stock was issued during 2012. 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 Balances, 12/31/11 $ $ $ 2012 Net income $ Cash dividends $ Addition to RE $ Balances, 12/31/12 $ $ $ 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. $ million

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. $ million

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. $ million.