Green Earth Homes, Inc., builds environmentally sensitive structures. The company's 2021 revenues totaled $2,790 million. At December 31, 2021, and 2020, the company had, respectively, $644 million and $594 million in current assets. The December 31, 2021, and 2020, balance sheets and income statements reported the following amounts: (Click the icon to view the amounts.) Read the requirements. Requirement 1. Describe each of Green Earth Homes, Inc.'s liabilities and state how the liability arose. Choose the correct liability from the list that best fits the description provided. The amount of long-term notes and bonds payable that the company expects to pay after the coming year. A catch-all group of liabilities that do not fit one or more specific categories. This is usually listed among the long-term liabilities. Amounts owed to suppliers for products or services that have been purchased on account. Amounts owed to employees for salaries and other payroll-related expenses. Amounts owed for providing benefits to retirees such as health care costs. The next year's payments on the company's long-term debt. Expenses that the company has incurred but not yet paid; these are liabilities for expenses such as interest and income taxes. Requirement 2. What were the company's total assets at December 31, 2021?
