galaxy interiors 2011 income statement ($ in millions) net sales $21,415 cost of goods sold 16,408 depreciation 1,611 earnings before interest and taxes 3,396 interest paid 1,282 taxable income $2,114 less: taxes 740 net income $1,374 galaxy interiors 2010 and 2011 balance sheets ($ in millions) 2010 2011 2010 2011 cash $668 $297 accounts payable $1,694 $1,532 accounts receivable 1,611 1,527 accrued expenses 2,500 0 inventory 3,848 2,947 total current liabilities $4,194 $1,532 total current assets $6,127 $4,771 long-term debt 9,800 10,650 net fixed assets 17,489 17,107 common stock 7,500 7,000 retained earnings 2,122 2,696 total assets $23,616 $21,878 total liabilities