E5-7 (Algo) Preparing a Classified (Multiple-Step) Income Statement LO5-3 Morcy's, Incorporated, operates the two best-known high-end department store chains in North America: Marcy's and Bioomington's. The following simplified data (in millions) were taken from its recent annual report for the year ended February i: Required: Required: Prepare a complete classifled (multiple-step) consolidated statement of income. (showing gross margin, operating income, and income. before income taxes). Note: Enter your answers in millions (1.e., 10,000,000 should be entered as 10)