Here are the simplified financial statements of X Corp. from a recent year. INCOME STATEMENT (Figs in S Mil.) Net Sales Cost of Goods Sold Other Expenses Depreciation 13,194 4,060 4,049 2518 2,566 685 1,882 Earning Before Interest & Taxes Interest Expenses Income Before Tax Taxes I Net Income 570 1.311 856 Dividend year Balance Sheet (Figs in S Mil.) End of the Start of the year Here are the simplified financial statements of X Corp. from a recent year. INCOME STATEMENT (Figs in S Mil.) Net Sales Cost of Goods Sold Other Expenses Depreciation 13,194 4,060 4,049 2518 2,566 685 1,882 Earning Before Interest & Taxes Interest Expenses Income Before Tax Taxes I Net Income 570 1.311 856 Dividend year Balance Sheet (Figs in S Mil.) End of the Start of the year