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Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,600 Cost of goods sold 7,500

Use the following information to answer this question.

Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales $ 9,600
Cost of goods sold 7,500
Depreciation 325
Earnings before interest and taxes $ 1,775
Interest paid 95
Taxable income $ 1,680
Taxes 504
Net income $ 1,176

Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
2016 2017 2016 2017
Cash $ 280 $ 295 Accounts payable $ 1,500 $ 1,665
Accounts rec. 1,100 1,000 Long-term debt 1,170 1,440
Inventory 1,700 1,680 Common stock 3,360 3,050
Total $ 3,080 $ 2,975 Retained earnings 500 750
Net fixed assets 3,450 3,930
Total assets $ 6,530 $ 6,905 Total liab. & equity $ 6,530 $ 6,905

What were the total dividends paid for 2017?

$926 million

$250 million

$455 million

$625 million

$881 million

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