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The following information ($ in millions) comes from a recent annual report of Orinoco.com, Incorporated: Net sales $ 10,879 Total assets 4,555 End of year

The following information ($ in millions) comes from a recent annual report of Orinoco.com, Incorporated: Net sales $ 10,879 Total assets 4,555 End of year balance in cash 1,028 Total stockholders' equity 348 Gross profit (Sales Cost of Sales) 2,475 Net increase in cash for the year 17 Operating expenses 2,060 Net operating cash flow 720 Other income (expense), net (18) Compute the income before income tax for Orinoco. Multiple Choice $477 $317 $517 $397

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