Use the following information from Ulta Beauty, Inc.s financial statements for the fiscal year ended January 28, 2023 to answer the next four questions. Assume Prepaid expenses will be used up within a year, Income tax payable will be paid within a year, and Unearned revenue will be earned within a year. Accounts are listed in alphabetical order. All amounts are in millions of dollars.

Accounts payable	559		Merchandise inventories	1,603
Accounts receivable	199		Other current liabilities	480
Accumulated depreciation	1,854		Other long-term assets	1,652
Cash	738		Other long-term liabilities	108
Common stock	1,025		Prepaid expenses and other current assets	129
Cost of goods sold	6,164		Property and equipment	2,863
Depreciation expense	241		Retained earnings	935
Dividends	0		Sales	10,209
Income tax expense	401		Selling and administrative expenses	2,166
Income tax payable	59		Supplies	40
Interest revenue	5		Unearned revenue	395
Long-term debt	1,620		Wages payable	189

1. Calculate Ulta's Total Current Assets as of January 28, 2023.
2. $1,106 million
3. $2,580 million
4. $2,709 million
5. $3,718 million

1. Calculate Ulta's Total Assets as of January 28, 2023.
2. $7,224 million
3. $5,370 million
4. $2,661 million
5. $1,009 million

1. Calculate Ulta's Total Current Liabilities as of January 28, 2023.
2. $3,536 million
3. $1,682 million
4. $1,287 million
5. $1,202 million

1. Calculate Ulta's Net Income or Net Loss for the year ended January 28, 2023.
   1. $612 million Net Loss
   2. $7,406 million Net Income
   3. $371 million Net Loss

$1,242 million Net Income