Required: Based on the Information in the table below, prepare an Income statement for Windswept Woodworks, Incorporated for year 2. Assume that the company pays a flat tax rate of 21% on its taxable income. (Round your answers to 2 decimal places.) Windswept Woodworks, Incorporated Input Data (millions of dollars) Year 2 Year 1 Accounts payable 622 554 Accounts receivable 1,466 1,000 Accumulated depreciation 6,932 6,802 Cash & equivalents 410 298 Common stock 1,370 1,290 Cost of goods sold 1,590 Depreciation expense ? Common stock dividends paid ? Interest expense 230 n.a. Inventory 1,200 1,196 Addition to retained earnings 602 n.a. Long-term debt 998 906 Notes payable 320 470 Gross plant & equipment 10,620 10, 360 Retained earnings 3,248 2,646 Sales 3,108 Other current liabilities 206 186 Tax rate 21% Market price per share - year end $ 27.80 $ 25.50 Number of shares outstanding 500 million 500 million n.a. n.a. n.a. n.a. n.a. Windswept Woodworks, Incorporated Income Statement for the period ending December 31, Year 2 (millions of dollars) Sales Cost of goods sold Gross profit on sales Depreciation expense Earnings before interest and taxes Interest expense Taxable income Taxes (@21%) Net income