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Use the following information to answer this question: Windswept, Incorporated 2 0 2 4 Income Statement ( $ in millions ) Net sales $ 1

Use the following information to answer this question:
Windswept, Incorporated
2024 Income Statement
($ in millions)
Net sales $ 10,800
Cost of goods sold 8,100
Depreciation 385
Earnings before interest and taxes $ 2,315
Interest paid 106
Taxable income $ 2,209
Taxes 464
Net income $ 1,745
Windswept, Incorporated
2023 and 2024 Balance Sheets
($ in millions)
2023202420232024
Cash $ 400 $ 425 Accounts payable $ 2,000 $ 1,925
Accounts received 1,1701,070 Long-term debt 1,1001,560
Inventory 1,9401,800 Common stock 3,4203,170
Total $ 3,510 $ 3,295 Retained earnings 680930
Net fixed assets 3,6904,290
Total assets $ 7,200 $ 7,585 Total liabilities & equity $ 7,200 $ 7,585
What were the total dividends paid for 2024?

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