Brief Exercise 4-3 (Algo) Multiple-step income statement [LO4-1, 4-3]

The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of the company's fiscal year, contained the following income statement items ($ in millions): sales revenue, $2,150; cost of goods sold, $1,280; selling expense, $135; general and administrative expense, $125; interest expense, $55; and gain on sale of investments, $85. Income tax expense has not yet been recorded. The income tax rate is 25%. Prepare a multiple-step income statement for 2021. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)