B. Review the year-end (most recent year available) income statement and indicate the following: total (operating) revenues cost of goods sold (if listed), total expenses (before income taxes), any non-operating (or extraordinary) gains and losses earnings per common share. For each of the above, note whether this was an increase, a decrease, or no change from the previous year's income statement.

NETFLIX, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS Tible of Corsenta 5.Balance Sheet Components Cantent Assets, Net Content assets consisted of the following: As of Deermber 31 Content assets, net As of December 31,2022 , approximalely $5,428 million, $2,853 million, and $1,984 million of the $12,733 million unamortized cost of the licensed content is expected to be amortized in each of the next three years. As of December 31,2022 , approximately $3,565 milion, $2,310 million, and $1,601 million of the $9,111 milion unamortized cost of the produced content that has been released is expecied to be amortized in each of the next three years. As of December 31, 2022, the amount of accrued participations and residuals was not material. The following table represents the amortization of content assets: Licensed content Produced content (1) Total (1) Tax incentives earned on qualified production spend generally reduce the cost-basis of content assets and result in lower content amortization ower the life of the titie. For the year ended December 31,2022 , tax incentives resulled in lower content amortization on produced content of approximately $719 million. Thele of Castants Property and Equipment, Net Property and equipment and accumulated depreciation consisted of the following: NETFLIX, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS Tible of Corsenta 5.Balance Sheet Components Cantent Assets, Net Content assets consisted of the following: As of Deermber 31 Content assets, net As of December 31,2022 , approximalely $5,428 million, $2,853 million, and $1,984 million of the $12,733 million unamortized cost of the licensed content is expected to be amortized in each of the next three years. As of December 31,2022 , approximately $3,565 milion, $2,310 million, and $1,601 million of the $9,111 milion unamortized cost of the produced content that has been released is expecied to be amortized in each of the next three years. As of December 31, 2022, the amount of accrued participations and residuals was not material. The following table represents the amortization of content assets: Licensed content Produced content (1) Total (1) Tax incentives earned on qualified production spend generally reduce the cost-basis of content assets and result in lower content amortization ower the life of the titie. For the year ended December 31,2022 , tax incentives resulled in lower content amortization on produced content of approximately $719 million. Thele of Castants Property and Equipment, Net Property and equipment and accumulated depreciation consisted of the following