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The following information should be used for questions #3 through #5: PLEASE SHOW STEPS Galaxy Interiors 2011 Income Statement ($ in millions) Net sales $21,415

The following information should be used for questions #3 through #5: PLEASE SHOW STEPS Galaxy Interiors 2011 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 Galaxy Interiors 2010 and 2011 Balance Sheets 2010 2011 2010 2011 Cash $ 668 $ 297 Accounts payable $1,694 $ 1,532 Accounts receivable 1,611 1,527 Notes payable 2,500 0 Inventory 3,848 2,947 Total $4,194 $ 1,532 Total $ 6,127 $ 4,771 Long-term debt 9,800 10,650 Net fixed assets 17,489 17,107 Common stock 7,500 7,000 Retained earnings 2,122 2,696 Total assets $23,616 $21,878 Total liab. & equity $23,616 $21,878 1) What is the operating cash flow for 2011? 2) What is the cash flow from assets for 2011? 3) What is the cash flow to stockholders for 2011

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