price the income statement for the company for 2020. Kodak chooses against entering the API market. Instead, it obtains a bank loan and uses that money to improve its current operations. Please make the following assumptions:

Kodak will receive a bank loan of $765 million Assume you can reduce cost of revenues by 0% to 3% (probably more than 0%)

Revenues Sales $979 Services 263 Total net revenues 1,242 Cost of revenues Sales 877 Services 183 Total cost of revenues 1,060 Gross profit 182 Selling, general and administrative expenses 211 Research and development costs 42 Restructuring costs and other 16 Other operating expense, net 15 Loss from continuing operations before interest expense, pension income excluding service cost component, other charges, net and income taxes (102) Interest expense 16 Pension income excluding service cost component (104) Other charges, net 46 Loss from continuing operations before income taxes (60) Provision (benefit) from income taxes 31 Loss from continuing operations (91) Earnings (loss) from discontinued operations, net of income taxes 207 NET EARNINGS (LOSS) $116 "Basic and diluted (loss) earnings per share attributable to Eastman Kodak Company common shareholders:" Continuing operations ($2.58) Discontinued operations 4.81 Total $2.23 Number of common shares used in basic and diluted (loss) earnings per share 43.00