The following is a list of account titles and amounts (in millions) from a recent company annual report:
Buildings and improvements
|
$ 182
|
Goodwill
|
$ 324
|
Prepaid expenses
|
135
|
Machinery and equipment
|
521
|
Allowance for Doubtful Accounts
|
41
|
Accumulated Depreciation
|
382
|
Other noncurrent assets
|
248
|
Inventory
|
421
|
Accumulated amortization
|
800
|
Other intangibles
|
1,452
|
Cash and cash equivalents
|
710
|
Accounts receivable
|
685
|
Required:
Prepare the asset section of the balance sheet for this company, classifying assets into Current Assets, Property, Plant and Equipment (net), and Other Assets.