Q8 The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:

Net sales	$	10,866
Total assets		4,384
End of year balance in cash		1,181
Total stockholders' equity		381
Gross profit (Sales Cost of Sales)		2,604
Net increase in cash for the year		10
Operating expenses		2,053
Net operating cash flow		772
Other income (expense), net		(13)

Compute Amazon's total liabilities at the end of the year.

Multiple Choice

• $4,657

• $4,384

• $4,003

• $2,334