MMT Corporation reports the following income statement items $($ $ in millions$)$ for the year ended December $31,2024$: sales revenue,

$$2,105$; cost of goods sold, $$1,250$; selling expense, $$120$; general and administrative expense, $$110$; interest expense, $$35$; and gain

on sale of investments, $$50.$ Income tax expense has not yet been recorded. The income tax rate is $25\%.$

Required:

Prepare a multiple$-$step income statement.

Note: Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$