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Macy's, Inc, operates the two best-known high-end department store chains in North America: Macy's and BloomingdalesThe following data (in miltions) were taken from its recent

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Macy's, Inc, operates the two best-known high-end department store chains in North America: Macy's and BloomingdalesThe following data (in miltions) were taken from its recent annual report for the year ended February 1: Cost of sales Federal, stabe, and local income tax expense 17010 1,032 Net sale Other operating expenses Selling. general, and administrative expenses 29,926 183 8,630 Required: Prepare a complete classified (multiple-step) consolidated statement of inoome for the company (showing gross margin, operating inoome, and income before income taxes). (Enter your answers in millions (i.e 0,000,000 should be entered as 10). Censolidated Statement of Income (in miltions)

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