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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $10,798 Total assets 4,555 End of year balance

The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $10,798 Total assets 4,555 End of year balance in cash 1,116 Total stockholders' equity 414 Gross profit (Sales - Cost of Sales). 2,612 Net increase in cash for the year 12 Operating expenses 2,059 Net operating cash flow 766 Other income (expense), net (16) Compute Amazon's balance in cash at the beginning of the year. $ 1,104 $ 764 $ 1,116 $ 1,862

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