How to calculate sales tax payable? Sales tax rate in Washington DC is $6\%$

Balance sheet in millions

ASSETS

Current Assets

Cash and cash equivalents: $6,353$

Short$-$term investments $315$

Accounts and notes receivable, less allowance $($$$180$ and $$175,$ respectively$)$: $11,942$

Inventories:

Raw materials and packaging $2,635$

Work$-$in$-$process: $121$

Finished goods: $3,131$

$5,887$

Prepaid expenses and other current assets:$1,206$

Total Current Assets: $25,703$

Property, plant and equipment: $55,040$

Accumulated depreciation $(27,998)$

Property, Plant and Equipment, net: $27,042$

Amortizable Intangible Assets, net: $1,151$

Goodwill: $17,648$

Other Indefinite$-$Lived Intangible Assets: $13,675$

Investments in Noncontrolled Affiliates: $2,674$

Deferred Income Taxes: $4,465$

Other Assets: $7,175$

Total Assets: $$99,533$

LIABILITIES AND EQUITY

Current Liabilities

Short$-$term debt obligations: $$8,289$

Accounts payable and other current liabilities: $22,859$

Total Current Liabilities: $31,148$

Long$-$Term Debt Obligations: $36,638$

Deferred Income Taxes: $3,908$

Other Liabilities: $8,259$

Total Liabilities: $79,953$

Commitments and contingencies

PepsiCo Common Shareholders$$ Equity

Common stock, par value $12/3$ per share $($authorized $3,600$ shares; issued, net of repurchased common stock at par value: $1,374$ shares$)$: $23$

Capital in excess of par value: $4,203$

Retained earnings: $71,545$

Accumulated other comprehensive loss:$(15,786)$

Repurchased common stock, in excess of par value $(493$ shares$)$: $(40,539)$

Total PepsiCo Common Shareholders$$ Equity: $19,446$

Noncontrolling interests: $134$

Total Equity: $19,580$

Total Liabilities and Equity: $$99,533$

Income statement in millions

Net Revenue $ $22,501$

Cost of sales $9,919$

Gross profit $12,582$

Selling, general and administrative expenses $8,534$

Operating Profit $4,048$

Other pension and retiree medical benefits income $56$

Net interest expense and other $-234$

Income before income taxes $3,870$

Provision for income taxes $776$

Net income $3,094$

Less: Net income attributable to noncontrolling interests $11$

Net Income Attributable to PepsiCo $ $3,083$

Net Income Attributable to PepsiCo per Common Share

Basic $ $2\mathrm{.}24$

Diluted $ $2\mathrm{.}23$

Weighted$-$average common shares outstanding

Basic $1,375$

Diluted $1,379$