Terracotta, Inc. reported the following accounts and amounts (in millions) in its financial statements for the year ended November 30, 2013. Accounts Payable$880 Accounts Receivable 930 Accumulated Amortization 610 Accumulated Depreciation 950 Allowance for Doubtful Accounts 10 Cash and Cash Equivalents 990 Equipment 6,555 Income Taxes Payable 10 Notes Payable (long-term) 3,100 Notes Payable (short-term) 95 Notes Receivable (long-term) 370 Prepaid Rent 430 Retained Earnings 8,530 Service Revenue 610 Short-term Investments 3,940 Software 765 Unearned Revenue 940 Prepare the current assets section of its balance sheet. The Allowance for Doubtful Accounts relates entirely to Accounts Receivable. (Enter your answers in millions (i. e., 10,000,000 should be entered as 10).)

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)