02.0 Question 7 4 pts What is the Net Capital Spending (NCS) for 2019? $1,660 $1,080 $1,660 -$1,080 4 pts Question 8 Use the following financial statements to answer the remaining questions. 2019 2,570 2018 2,820 310 8,100 7.875 Current Assets Cash Accounts Receivable Inventory Total Fixed Assets Balance Sheet (S in millions) 2019 2018 Current Liabilities 405 3,055 2,640 Long-term Debt 3,850 3,275 Owner's Equity 7,310 6,225 Common Stock 10,670 10,960 Retained Earnings Total 17.980 17,185 Total Liabilities and Equity 5.250 5,000 2,060 1,490 7,310 6,490 17,980 17,185 Total Assets Income Statement 2019 (S in millions) Sales 9,610 Cost of Goods Sold 6,310 Depreciation 1,370 EBIT 1.930 Interest 630 Taxable Income 1,300 Taxes 455 Net Income 845 Dividend Retained Earnings 275 570