Question #2: Whistler Company reported the following condensed data (dollars in millions) in its income statement for the month ended June 30, 2022. Salaries and wages expense Depreciation expense Sales revenue Interest expense Advertising expense Sales returns and allowances $ 460 90 5,730 161 499 280 Research and development expense Income tax expense Loss on disposal of plant assets Cost of goods sold Rent expense Utilities expense $ 114 162 46 3,104 105 60 Required: 1. Prepare, in good form, a multiple-step income statement. 2. Calculate the %, to one decimal place, for 1) gross profit rate and 2) the profit margin. 3. As a possible investor in Whistler Company, which figure on the income statement would you want to focus on and see the equivalent figure over the past several years