Pro-forma cash flow per share for Amazon Inc. is expected to be:

A) $134.75

B) $130.33

C) $36.77

D) $14.44

Acquisition Assumptions Acquisition of Snap by Amazon Acquisition Structure Assumptions Acquisition Premium Equity Issuance Discount (to Current Price) 20% 5% % Debt Financing % Equity Financing 20% 80% Acquirer and Target Assumptions Share Price ($/sh) Fully Diluted Shares Outstanding (MM) Net Debt FY+ 1 Normalized Net Earnings FY+ 1 Normalized Cash Flow Amazon Acquirer $3,099.40 518 $66,884 $23,688 $69 825 Snap Target $44 29 1,734 -$496 -$581 $334 Pro Forma Adjustment FY+ 1 Normalized Net Earnings FY+1 Normalized Cash Flow Pro-Forma Net Debt -$3,134 $642 $85,595 Acquisition Assumptions Acquisition of Snap by Amazon Acquisition Structure Assumptions Acquisition Premium Equity Issuance Discount (to Current Price) 20% 5% % Debt Financing % Equity Financing 20% 80% Acquirer and Target Assumptions Share Price ($/sh) Fully Diluted Shares Outstanding (MM) Net Debt FY+ 1 Normalized Net Earnings FY+ 1 Normalized Cash Flow Amazon Acquirer $3,099.40 518 $66,884 $23,688 $69 825 Snap Target $44 29 1,734 -$496 -$581 $334 Pro Forma Adjustment FY+ 1 Normalized Net Earnings FY+1 Normalized Cash Flow Pro-Forma Net Debt -$3,134 $642 $85,595