P5-7 (Algo) Preparing a Multiple-Step Income Statement with Discontinued Operations LO5-3 Cushy Comfort, Incorporated, researches, designs, manufactures, and distributes interior furnishings for use in various environments including office, healthcare, educational, and residential settings. The items reported on its income statement for the year ended December 31, 2020, are presented here (dollars in millions) in alphabetical order. Cost of products sold Income tax expense. Interest expense Loss on sale of discontinued operations, net of income taxes Net sales Other expense Selling, general, and administrative expenses Required: Prepare a multiple-step consolidated income statement. $ 1,620 58 28 (10) 2,580 29 652 Note: Enter your answers in millions not in dollars (i.e., 10,000,000 should be entered as 10). Required: Prepare a multiple-step consolidated income statement. Note: Enter your answers in millions not in dollars (i.e., 10,000,000 should be entered as 10). CUSHY COMFORT, INCORPORATED Consolidated Statement of Operations For the Year Ended December 31, 2020 (dollars in millions) Operating expenses: Total operating expenses < Prev 6 of 9 Next > Operating expenses: Total operating expenses Discontinued Operations: