Income Statement Amazon.com, Inc., (AMZN) operates as an online retailer in North America and internationally. Both Amazon and third parties, via the Amazon.com Web site, sell products across various product categories. The following items were adapted from a recent annual report of Amazon.com for the year ending December 31: In millions 1. Accounts payable $16,459 2. Accounts receivable 5,612 3. Cash 14,557 4. Cost of sales 62,752 5 Income tax expense 167 6 Interest expense 210 7. Inventories 8,299 8. Net cash provided by operating activities 6,842 9. Net cash flows used for investing activities (5,065) 10. Net sales 88,988 11. Other expense 118 12. Other income 76 13. Property, plant, and other long-term assets 16,967 14. Selling, general, and administrative expenses 26,058 15. Retained earnings (Dec. 31) 2,190 Based on the Amazon.com, Inc., financial statement data, prepare an income statement for the year ending December 31. Use the minus sign to indicate a net loss. Amazon.com Inc. Income Statement For the Year Ended December 31 (in millions) Revenues: Total revenue Expenses: Total expenses