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Windswept, Incorporated 2021 Income Statement ($ in millions) Net sales $ 9,200 Cost of goods sold 7,390 Depreciation 305 Earnings before interest and taxes $
Windswept, Incorporated 2021 Income Statement ($ in millions) Net sales $ 9,200 Cost of goods sold 7,390 Depreciation 305 Earnings before interest and taxes $ 1,505 Interest paid 87 Taxable income $ 1,418 Taxes 298 Net income $ 1,120 Windswept, Incorporated 2020 and 2021 Balance Sheets ($ in millions) 2020 2021 2020 2021 Cash $ 240 $ 255 Accounts payable $ 1,380 $ 1,315 Accounts received 1,020 730 Long-term debt 1,130 1,400 Inventory 1,620 1,640 Common stock 3,280 3,010 Total $ 2,880 $ 2,625 Retained earnings 460 710 Net fixed assets 3,370 3,810 Total assets $ 6,250 $ 6,435 Total liabilities & equity $ 6,250 $ 6,435 What were the total dividends paid for 2021
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