26 Windswept, Inc. Current Income Statement ($ in millions) Net sales $ 10,700 Less: Cost of goods sold 8,050 Less: Depreciation 380 Earnings before interest and taxes $ 2.270 Less: Interest paid 104 Taxable income $ 2,166 Less: Taxes 650 Net income $ 1,516 Dividends $ 1.266 00.3226 Windswept, Inc. Balance Sheets ($ in millions) Last This Last This Year Year Year Year 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 1790 Common stock $ 3.400 $ 3,160 Total $ 3.460 $ 3.255 Retained earnings 670 920 Net fixed assets 3.670 4,260 Total assets $ 7130 $ 7.515 Total lab. & equity $ 7130 $ 7,515 What is the cash flow to creditors? Multiple Choice $1,505 million $2.650 million $ 356 million $564 million $564 million ME Gew