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Consider the following income statement for Kroger Inc. (all figures in $ Millions): Year 2006 2005 2004 Total Sales 60,553 56,434 53,791 Cost of goods

Consider the following income statement for Kroger Inc. (all figures in $ Millions):

Year

2006

2005

2004

Total Sales

60,553

56,434

53,791

Cost of goods sold

45,565

42,140

39,637

Selling, general & admin expenses

11,688

12,191

11,575

Depreciation

1265

1256

1209

Operating Income

2035

847

1370

Other Income

0

0

0

EBIT

2035

847

1370

Interest expense

510

557

604

Earnings before tax

1525

290

766

Taxes (35%)

534

102

268

Net Income

991

189

498

The total amount available to payout to all the investors in Kroger in 2005 is closest to:

Select one:

A. $746 million

B. $189 million

C. $2035 million

D. $1500 million

E. $2516 million

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