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Question - The following information ($ in millions) comes from a recent annual report of Amazon Inc:
Net sales $10,840
Total assets 4,507
End of year balance in cash 1,202
Total stockholders' equity 466
Gross profit {Sales - Cost of Sales] 2,470
Net increase in cash for the year 10
Operating expenses 2,065
Net operating cash flow 791
Other income (expense), net (18)
Required - Compute Amazon balance in cash at the beginning of the year.
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