Use the following information to answer this question:

Windswept, Incorporated

$2021$ Income Statement $($ $ in millions$)$

Net sales

Cost of goods sold $8,750$

$7,300$

Depreciation $305$

Earnings before $

interest and taxes $1,145$

Interest paid $72$

Taxable income

$1,073$

Net income

Cash

Accounts received

Inventory

Total

Net fixed assets $3,220,3,680$

assets

Total

$5,810,6,105$

liabilities &

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