Assume the marketing department has presented a plan to increase advertising expenses by $150 million. It expects this plan to result in an increase in both net sales and cost of goods sold of 20%. (Hint: Increase both sales revenue and sales returns and allowances by 20% ) (Assume a tax rate of 34%, and round all amounts to whole dollars.) Prepare a multiple-step income statement. Report Net Sales without explicitly showing Sales Revenue and Sales Returns and Allowances individually on the income statement. (Round answers to 0 decimal places, eg. 15,222.) Suppose in its income statement for the year ended June 30, 2025, The Clorox Company reported the following condensed data (dellars in millions). Assume a tax rate of 34%