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Exercise 5-10 (Part Level Submission) Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data

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Exercise 5-10 (Part Level Submission) Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). Salaries and wages expenses Depreciation expense Sales revenue Interest expense Advertising expense Sales returns and allowances $ 460 Research and development expense 90 Income tax expense 9,630 Loss on disposal of plant assets 161 Cost of goods sold 499 Rent expense 230 Utilities expense $ 114 1,076 46 4,700 105 60 Assume a tax rate of 34%. {Round answers to 0 decimal places, e.g. 15,222.) The Clorox Company Income Statement (amounts in millions) Study

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