newconnect.mhducation.com, The following information, based on the 12/31/18 Annual Report to Shareholders of Krafty Foods ($ in millions): 3,397 4,631 , 605 312 19,031 3,152 Accounts payable ccounts receivable (net) Acerued liabilities and taxes Cash and eash equivalents Cost of sales Current payables to parent and affiliates Current portion of long-term debt Deferred income taxes and other liabilities Retained earnings as of 12/31/18 Goodwill and other intangible assets (net) Incone tax expense Interest and other debt expense,net 11,811 ,891 40,457 ,065 2,937 ,526 9.634 6,500 12,960 41,375 837 s, 226 Inventories Long-tern debt tong-tern sotes payable to parent and affiliates Marketing, general and administration expenses operating revenues r current asseta Other Other stockholders' equity Paid-in capital for connon and preferred stock Property, plant and equipment (net) Short-term borrowing (4,068) 25,155 10,609 Based on the information presented above, prepare the Income Statement for Krafty Foods for the year ended December 31, (Enter your answers in millions (i.e.. 10,000,000 should be entered as 10)) KRAFTY FOODS Income Statement For the Year Ended December 31, 2018