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Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,400 Cost of goods sold 7,900 Depreciation 365 Earnings before interest and taxes $

Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales $ 10,400
Cost of goods sold 7,900
Depreciation 365
Earnings before interest and taxes $ 2,135
Interest paid 98
Taxable income $ 2,037
Taxes 611
Net income $ 1,426

Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
2016 2017 2016 2017
Cash $ 360 $ 380 Accounts payable $ 1,880 $ 1,760
Accounts rec. 1,090 990 Long-term debt 1,060 1,520
Inventory 1,860 1,760 Common stock 3,340 3,130
Total $ 3,310 $ 3,130 Retained earnings 640 890
Net fixed assets 3,610 4,170
Total assets $ 6,920 $ 7,300 Total liab. & equity $ 6,920 $ 7,300

What were the total dividends paid for 2017?

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