The following information ($ in millions) comes from a recent annual report of Orinoco.com, Incorporated: Net sales $ 10,831 Total assets 4,431 End of year balance in cash 1,067 Total stockholders' equity 338 Gross profit (Sales − Cost of Sales) 2,654 Net increase in cash for the year 11 Operating expenses 2,064 Net operating cash flow 717 Other income (expense), net (20) Compute Orinoco's cost of goods sold for the year.   Multiple Choice   $8,767   $5,148   $7,212   $8,177

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