Assume the following are the income statement and balance sheet for Intel Corporation. INTEL CORPORATION Consolidated Statements of Income Year Ended (In millions) Dec. 25, 2010 Dec. 26, 2009 Dec. 27, 2008 $37,586 16,742 20,844 5,722 5,452 710 6 $44,223 15,132 29,091 65% 6,309 Net revenue Cost of sales Gross margin Research and development Marketing, general and adminstrative Restructuring and asset impairment charges Amortization of acquisition-related intangibles Operating expenses Operating income Gains (losses) on equity method investments, net* Gains (losses) on other equity investments, net Interest and other, net Income before taxes Provisions for taxes Net income *This should be considered as part of operating income. $35,127 15,566 19,561 5,653 7,931 231 35 13,850 5,711 (147) (23) 163 5,704 1,335 $4,369 11,890 8,954 (1,380) (376) 488 7,686 2,394 $5,292 12,903 16,188 231 109 16,645 4,581 $12,064