(Solved): Suppose the following items were taken from the 2022 financial statements of Texas Instruments, In ...

Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) $$\begin{array}{lrlr}\text{ Common stock }& \$3,126& \text{ Accumulated depreciation-equipment }& \$3,647\\ \text{ Prepaid rent }& 264& \text{ Accounts payable }& 1,559\\ \text{ Equipment }& 6,805& \text{ Patents }& 2,310\\ \text{ Stock investments (long-term) }& 737& \text{ Notes payable (long-term) }& 910\\ \text{ Debt investments (short-term) }& 1,843& \text{ Retained earnings }& 6,996\\ \text{ Income taxes payable }& 228& \text{ Accounts receivable }& 1,923\\ \text{ Cash }& 1,282& \text{ Inventory }& 1,302\end{array}$$ Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.) TEXAS INSTRUMENTS, INC. Balance Sheet (in millions) Assets $$\$$$ $$\$$$ Liabilities and Stockholders' Equity $$\$$$ $$\$$$