Reference no: EM131598077

The following table presents the long-term liabilities and stockholders’ equity of Information Control Corp. one year ago: Long-term debt $ 67,000,000 Preferred stock 4,200,000 Common stock ($1 par value) 17,000,000 Capital surplus 47,000,000 Accumulated retained earnings 137,000,000 During the past year, the company issued 12 million shares of new stock at a total price of $62 million, and issued $37 million in new long-term debt. The company generated $13 million in net income and paid $4 million in dividends. Prepare the current balance sheet reflecting the changes that occurred at the company during the year. (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars, e.g., 1,234,567.) Information Control Corp. Current Balance Sheet $ Total long-term debt $ Shareholders equity $ Total equity $ Total Liabilities & Equity $