Slimwood Corporation made sales of $850 million during 2021. Of this amount, Slimwood collected cash for $844 million. The company's cost of goods sold was $255 million, and all other expenses for the year totaled $225 million. Also during 2021, Slimwood paid $370 million for its inventory and $270 million for everything else. Beginning cash was $100 million. a. How much was Slimwood's net income for 2021? b. How much was Slimwood's cash balance at the end of 2021? a. How much was Slimwood's net income for 2021? Net income for 2021 in millions =

Slimwood Corporation made sales of $350 milion during 2021 . Of this arsount, Simwood colected cash for $844 milion. The company's cost of goods sold was $255 milion, and al other expenses for 2. How much was Slimwoods net income for 2021 ? b. How much was Slimwood's cash balance at the end of 2021 ? a. How much was stmwoods net income for 2021 ? Net income for 2021 in mullions *