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Please check my answer and correct me if I amdoing it wrong. Bigco Corp. is one of the nation's leading distributors of food and related

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Bigco Corp. is one of the nation's leading distributors of food and related products to restaurants, universities, hotels, and other customers. A simplified version of its recent income statement contained the following items (in millions). Cost of sales Income taxes Interest expense Net earnings Sales Earnings before income taxes Selling, general, and administration expense Other revenues Total expenses Total revenues $ 11,721 279 25 1,116 16,320 1,395 3,613 434 15,359 16,754 Prepare an income statement for the year ended June 30, current year. (Enter your answers in millions.) BIGCO CORP. Income Statement For the Year Ended June 30, Current Year (in millions) Revenues Sales 16,320 4341 Other revenues s 16,754 Total revenues Expenses: Cost of sales Seling, general and administration expense Interest expense $ 11,721 3,613 25 $ Total expenses Earnings before income taxes 15,359 1,395 $ Net earnings $ 1.116

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