Kuipers, Inc. 2018 statement of comprehensive income ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable income Less: Taxes $1,384 605 180 599 80 519 156 $363 $254 Net income Addition to retained earnings Dividends paid 1091 2018 Kuipers, Inc. 2017 and 2018 Statement of financial positions ($ in millions) 2017 2018 2017 $100 $121 Accounts payable $400 350 425 Notes payable 390 440 410 Total $790 $890 $956 Long-term debt 500 $350 370 Cash Accounts rec. Inventory Total $720 550 Kuipers, Inc. 2017 and 2018 Statement of financial positions ($ in millions) 2017 2018 2017 Kash $100 $121 Accounts payable $400 Accounts rec 350 425 Notes payable 390 Inventory 440 410 Total $790 Total $890 $956Long-term debi Net fixed assets 1,556 1704 Owner's equity Common stock 600 Retained 556 Learnings Total 1156 Total assets $2.446 $2.660 Total liabilities $2.446 2018 $350 370 $720 550 580 810 1390 $2660 What is the firm's net capital spending for 2018 ($ in millions)? Multiple Choice $148 w $447 $328 O -$32 $32