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In: AccountingThe following balance sheet information (in $ millions) comesfrom the Annual Report to Shareholders of...The following balance sheet information (in $ millions) comesfrom the Annual Report to Shareholders of Merry International Inc.for the 2021 fiscal year. The following additional information froman analysis of Merry's financial position is available:Current ratio = 1.352397; Acid-test ratio = 0.5771067; Debt toequity ratio = 1.6157180.Required: Compute the missing amounts in the balance sheet.(Enter your answers in millions of dollars. Round your intermediateand final answers to the nearest whole dollar.)MERRY INTERNATIONAL INC.Balance SheetAt December 31, 2021($ in millions)AssetsCurrent assetsCash and cash equivalents$560Accounts and notes receivableInventoryOther560Total current assetsProperty and equipment, net$1,472Intangible assets, netInvestments360Notes and other receivables, net1,396Other assets1,302Total long-term assetsTotal assetsLiabilities and Shareholders'EquityCurrent liabilitiesAccounts payable$689Salaries payable758Other payables1,450Total current liabilities2,897Long-term debtOther long-term liabilities850Total long-term liabilitiesTotal liabilitiesShareholders' equityCommon stock500Additional paid-in capital3,776Retained earnings3,504Total shareholders’ equity7,780Total liabilities and shareholders’equity$12,983