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Please refer to the financial information for Foodtek, Incorporation above. During 2021, what was the cost of merchandise (in millions of dollars) produced by Foodtek?

Please refer to the financial information for Foodtek, Incorporation above. During 2021, what was the cost of merchandise (in millions of dollars) produced by Foodtek?

Foodtek, IncorporationSelected financial information ($ millions)20202021Net sales296364Cost of goods sold168223Depreciation5165Net income3245Finished goods inventory3429Accounts receivable4787Accounts payable3944Net fixed assets310415Year-end cash balance186123

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