Use the following information to answer this ... Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 9,810 Less: Cost of goods sold 7,960 Less: Depreciation 485 Earnings before interest and taxes $ 1,365 Less: Interest paid 112 Taxable Income $ 1,253 Less: Taxes 439 Net income $ 814
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