Exercise 5-9 (Part Level Submission) Suppose in its income statement for the year ended June 30, 2017, The Clorox Company reported the following condensed data (dollars in millions). Salaries and wages expenses 480 Research and development expense $115 Depreciation exper Sales r Interest expense Advertising expense Sales returns and allowances 235 Utilities expense 80 5,685 160 530 Income tax expense Loss on disposal of plant assets Cost of goods sold Rent expense 216 45 3,270 40 Assume a tax rate of 34%. (a) Prepare a multiple-step income statement. (Round answers to 0 decimal THE CLOROX COMPANY amounts in millions ^dv 1:57 PM DELL