QUESTION 14 The following information pertains to Galaxy Interiors: The following information pertains to Galaxy Interiors: GALAXY INTERIORS 2015 Income Statement ($ in millions) Net sales $ 21,415 Cost of goods sold 16,408 Depreciation 1,611 Earnings before interest and taxes $ 3,396 Interest paid 1,282 Taxable income $ 2,114 Less: Taxes 740 Net income $1,374 Cash Accounts receivable Inventory Total Netfixed assets 2014 $ 668 1,611 3,848 $6,127 17,489 GALAXY INTERIORS 2014 and 2015 Balance Sheets ($ in millions) 2015 $ 297 Accounts payable 1,527 Notes payable 2,947 Total $ 4,771 Long-term debt 17,107 Common stock Retaining earnings $ 21,878 Total liab. & equity 2014 $1,694 2,500 $4,194 9,800 7,500 2,122 $ 23,616 2015 $1,532 0 $1,532 10,650 7,000 2,696 $ 21,878 Total assets $ 23,616 What is the amount of the noncash expenses for 2015? What is the amount of the noncash expenses for 2015? $740 $2,351 $1,282 $1,611 $1,333 What is the cash flow to creditors for 2015? $1,839 ($530) $2,132 $3,094 $432