First Motor Company, one of the world's largest automakers, reports the following income statement accounts for the year ended December 31, 2016 ($ in millions). Selling and administrative costs Cost of sales Revenues Other expenses $ 220,389 631,579 1,036,595 95,956 Using the above information prepare First income statement for the year ended December 31, 2016. (Enter your answers in millions.) FIRST MOTOR COMPANY Income Statement For Year Ended December 31, 2016 Revenue Expenses 0 Total expenses Net income Using the above information prepare First income statement for the ye FIRST MOTOR COMPANY Income Statement For Year Ended December 31, 2016 Revenue Cost of sales Other expenses Revenues Selling and administrative costs 0 Net income