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

Use the following information to answer this question:
Windswept, Incorporated
2021 Income Statement
($ in millions)
Net sales $ 10,200
Cost of goods sold 7,800
Depreciation 355
Earnings before interest and taxes $ 2,045
Interest paid 94
Taxable income $ 1,951
Taxes 410
Net income $ 1,541
Windswept, Incorporated
2020 and 2021 Balance Sheets
($ in millions)
2020202120202021
Cash $ 340 $ 360 Accounts payable $ 1,820 $ 1,680
Accounts received 1,050950 Long-term debt 1,0401,500
Inventory 1,8201,740 Common stock 3,3003,110
Total $ 3,210 $ 3,050 Retained earnings 620870
Net fixed assets 3,5704,110
Total assets $ 6,780 $ 7,160 Total liabilities & equity $ 6,780 $ 7,160
What were the total dividends paid for 2021?
Multiple Choice
$250 million
$1,291 million
$745 million
$1,181 million
$510 million

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