Question 2 of 6 < > View Policies Current Attempt in Progress -15E Suppose in its income statement for the year ended June 30, 2025. The Clorox Company reported the following condensed data (dollars in millions). Salaries and wages expenses $1,250 Research and development expense $250 Depreciation expense 250 Income tax expense 825 Sales revenue 14,250 Loss on disposal of plant assets 125 Interest expense 500 Cost of goods sold 7,125 250 Advertising expense 1,250 Rent expense Sales returns and allowances 698 Utilities expense 125 Assume a tax rate of 34%. (a)