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please help me with the two i got wrong by providing calculations/explanation. $ 114 Exercise 5-10 (Part Level Submission) Suppose in its income statement for

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$ 114 Exercise 5-10 (Part Level Submission) Suppose in its income statement for the year ended June 30, 2022, The Clorox Company reported the following condensed data (dollars in millions). Salaries and wages expenses $ 460 Research and development expense Depreciation expense 90 Income tax expense 430 Sales revenue 5,830 Loss on disposal of plant assets 46 Interest expense 161 Cost of goods sold 2,800 Advertising expense 499 Rent expense 105 Sales returns and allowances 230 Utilities expense 60 Assume a tax rate of 34% Prepare a multiple-step income statement. (Round answers to 0 decimal places, e.g. 15,222.) The Clorox Company Income Statement For the Year Ended June 30, 2022 (amounts in millions) Sales Sales Revenue 5,830 Less Sales Returns and Allowances 230 Net Sales 5,600 2,800 Cost of Goods Sold 2,800 Gross Profit Operating Expenses 460 Salaries and Wages Expense 90 Depreciation Expense 499 Advertising Expense Research and Development Expense 114 Rent Expense 105 Utilities Expense 60 Total Operating Expenses 1,328 Income From Operations 1,472 Other Expenses and Losses Interest Expense 161 46 Loss on Disposal of Plant Assets 207 Tricome Before Income Taxes 5,767 430 Income Tax Expense 4,295 Net Income (Loss)

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