Detailed Income Statement (Alternate is 7-52.) Sears, Roebuck & Company is a major retailer. The company's annual report contained the following actual data for the year ended December 31, 2002 ($ in millions): Net revenues $41,366 Cost of sales 25,646 Selling and administrative 9,249 Provision for uncollectible accounts 2,261 Depreciation 875 Other operating expenses 111 Interest expense (net) 1,143 Other income, net 372 Income before income taxes $2,453 The balance sheets included the following actual data ($ in millions of dollars): December 31 2002 2001 Allowance for doubtful accounts Inventories $ 1,836 5,115 $ 1,166 4,912 Consider the following additional assumed data ($ in millions of dollars): Gross purchases $26,124 Freight in $1,100 Cash discounts on sales Purchase returns and allowances 850 1,200 Sales returns and allowances Cash discounts on purchases 2,100 180 Prepare a detailed multistep income statement that ends with profit (or loss) before tax.