The income statement for Apple Inc. is shown below with numbers in US$ billions: Apple Inc. Income Statement (in US$ billions) 2017 2018 2019 2020 229 260 266 164 275 170 141 162 88 102 98 105 20 22 Fiscal Year Income statement: Revenue COGS Gross profit (GP) Selling, gen. & admin. (SGA) expenses Depreciation & amort EBIT Net int expenses Profit before taxes (PBT) Taxes Net income (NI) 28 17 10 11 13 11 61 71 64 66 -2 -2 -1 -3 64 16 73 66 67 13 10 10 48 60 55 57 Calculate the cash flow to stockholders (CFS) for 2017 if the company paid $13 billion in dividends to stockholders and bought back (i.e. reduced) $34 billion in net new equity