ACCOUNTING-Medgers, Inc Balance Sheet December 31, 2011 (dollars in millions)

Medgers, IncBalance SheetDecember 31, 2011(dollars in millions)AssetsCash $8,779Accounts Receivable $2,762Inventories $4,815Property, Plant & Equipment $2,360Liabilities & Stockholders’ EquityAccounts Payable $6,151Long-term Note Payable $2,665Contributed Capital $761Retained Earnings $XXAssume the following transactions (in millions of dollars) occurred during 2012.a. Borrowed $218 from banks, due in 3 years. (All interest payments will occur at the end of the contract.)b. Lent $11 to a supplier, who signed a 2-year note.c. Purchased property, plant and equipment; paid $48 in cash and signed a 5-year note for the remaining balance due of $128d. Issued additional shares of stock for $107e. Acquired inventory valued at $992 from suppliers on account.f. Collected $1,334 from customers for sales made in the previous period.g. Paid $2,441 owed to suppliers.How much are total liabilities at the end of the year?How much are total liabilities and stockholders’ equity at the end of the year?How much are total current assets at the end of the year?What is the balance in the cash account at the end of the year?Please give the formula, thanks.