Assume the following are the income statement and balance sheet for Intel Corporation. INTEL CORPORATION Consolidated Statements of Income Years Ended December (In Millions, Except Per Share Amounts) 2012 2011 2010 Net revenue Cost of sales $53,341 $53,999 $46,623 20,190 20,242 15,132 Gross margin 33,151 33,757 28,491 Research and development 10,148 8,350 6,576 Marketing, general and adminstrative 8,057 7,670 6,309 Amortization of acquisition-related intangibles 308 260 18 Operating expenses 18,513 16,280 12,903 Operating income 14,638 17,477 15,588 Gains (losses) on other equity investments, net 141 112 348 Interest and other, net 94 192 109 Income before taxes 14,873 17,781 16,045 Provisions for taxes Net income 3,868 4,839 4,581 $11,005 $12,942 $11,464