Multiple Choice (1.5 points each) Use the following information from Sketchers, Inc.'s financial statements for the fiscal year ended December 31, 2021 to answer the next four questions. Assume Investments will be sold within a year and Prepaid expenses will be used up within a year. Accounts are listed in alphabetical order. All amounts are in millions of dollars. SKECHERS Accounts payable 876 Inventories 1,471 Accounts receivable Accumulated depreciation Cash 813 Investments (will be sold in 1 year) 99 723 Long-term debt 263 796 Other current liabilities 226 Common stock 430 Other long-term assets 1,990 Cost of goods sold 3,186 Other long-term liabilities 1240 Current portion of long-term debt 77 Prepaid expenses 193 Depreciation expense 122 Property, plant, and equipment 1,852 Dividends 0 Retained earnings 3,112 General and administrative expenses 1,452 Sales 6,285 Income tax expense 246 Selling expenses 460 Interest expense 28 Short-term debt 2 25 Wages payable 265 Interest revenue 1. Calculate Skechers' Total Current Assets as of December 31, 2021. a. $3,080 million b. $3,179 million c. $3,273 million d. $3,372 million 2. Calculate Skechers' Total Assets as of December 31, 2021. a. $7,214 million b. $6,491 million c. $3,119 million d. $1,129 million 3. Calculate Skechers' Total Current Liabilities as of December 31, 2021. a. $2,169 million b. $1,446 million c. $1,369 million d. $1,367 million 4. Calculate Skechers' Net Income or Net Loss for the year ended December 31, 2021. a. $623 million Net Loss b. $791 million Net Income C. $93 million Net Loss d. $816 million Net Income