Use the following information to answer this question. Bayside, Incorporated 2022 Income Statement (in millions) Net sales $ 6,020 Cost of goods sold 4,140 Depreciation 350 Earnings before interest and taxes $ 1,530 Interest paid 37 Taxable income $ 1,493 Taxes 523 Net income $ 970 Bayside, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 2022 2021 2022 Cash $ 100 $ 205 Accounts payable $ 1,505 $ 1,455 Accounts receivable 950 790 Long-term debt 790 590 Inventory 1,625 2,040 Common stock 3,200 3,260 Total $ 2,675 $ 3,035 Retained earnings 860 1,110 Net fixed assets 3,680 3,380 Total assets $ 6,355 $ 6,415 Total liabilities & equity $ 6,355 $ 6,415 How many dollars of sales were generated from every dollar of fixed assets during 2022? Multiple Choice $1.71 $.94 $1.78 $.95 $1.64