Marcy's, Inc., operates two well-known high-end department store chains in North America, Marcy's and Bloomingdale's. The following simplified data (in millions) were taken from its recent annual report for the year ended February 1: Cost of sales Pederal, state, and local income tax expense Interest expense Interest income Net sales Other operating expenses Selling, general, and administrative expenses $ 15,711 413 397 10 26,408 607 8,325 Required: Prepare a complete classified (multiple-step) consolidated statement of income for the company (showing gross margin, operating income, and income before income taxes). (Enter your answers in millions (ie., 10,000,000 should be entered as 10).) Answer is not complete. MARCY'S, INC. Consolidated Statement of income (in millions) Net sales Cost of solos Gross margin Other operating expenses Seling, general, and administration expense Operating income Interest income BOOOOOO 26,408 15,711 10,697 607 8,325 1,765 10 397 Interneta Prepare a complete classified (multiple-step) consolidated statement of income for the company (showing gross margin, operatin income, and income before income taxes). (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Answer is not complete. MARCY'S, INC. Consolidated Statement of Income $ O (in millions) Net sales Cost of sales Gross margin Other operating expenses Selling, general, and administration expense Operating income Interest income Interest expense Income before income taxes Federal, state, and local income tax expense Net income 26.408 15,711 10,697 607 8,325 1,765 10 397 6,153 413 5,740 $