Question: @@ @ Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,700 Cost of goods
@@ @ Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,700 Cost of goods sold 8,050 Depreciation 380 Earnings before interest and taxes $ 2,270 Interest paid 104 Taxable income $ 2,166 Taxes 650 Net income $ 1,516 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 390 $ 415 Accounts payable $ 1,970 $ 1,885 Accounts rec. 1,150 1,050 Long-term debt 1,090 1.550 Inventory 1,920 1,790 Common stock 3,400 3,160 Total $3,460 $3,255 Retained earnings 670 920 Net fixed assets 3,670 4,260 Total assets $ 7,130 $ 7,515 Total liab. & equity $ 7,130 $ 7,515 What were the total dividends paid for 2017
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