! Required information SB %media:image003.png% %media... Nabors, Inc. 2010 Income Statement. ($ in millions) Net sales: $9.610 Less: Cost of goods sold 6.310 Less: Depreciation 1.370 Earnings before interest and taxes 1.930 Less: Interest paid 630 Taxable Income $1,300 Less: Taxes 455 Net income: $845 Nabors, Inc.. 2009 and 2010 Balance Sheets (S in millions) 2009 2010 2009 2010 Cashi $ 310 $ 405 Accounts payable. Notes payable Total $ 2,720 $ 2,570 100 Accounts rec. Inventory Total 0 2.640 3,055 3,275 3.850 $6.225 $7.310 10.960 10.670 $2.820 $2.570 7,875 8,100 Net fixed assets 5,000 5,250 Long-term debt Common stock Retained earnings Total liab & equity 1.490 2,060 Total assets $17.185 $17.980 $17.185 $17.980 MC Qu. 66 What is the amount of the non-cash expenses ... What is the amount of the non-cash expenses for 2010