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Indicate on which financial statement you would find each of the preceding items using the following notations (note: an item may appear on more than

Indicate on which financial statement you would find each of the preceding items using the following notations (note: an item may appear on more than one statement):

oIS Income statement: cost of sales, net sales, income tax expense, interest expense, and other income expense

oSE Statement of stockholders' equity: Accounts Payable and retained earnings

oBS Balance sheet: Cash, inventories, accounts payable, accounts receivable

oSCF Statement of cash flow: accounts receivable, net cash provided by operating activites and net cash provided for inventing activies.

Produce an income statement for the year ending December 31, based on the com, Inc. financial statement data shown above.

Amazon.com, Inc

Income Statement (in millions)

For the year ended December 31, 2018

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

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