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P5-3 (Algo) Preparing a Classified (Multiple-Step) Income Statement and Interpreting the Gross Profit Percentage LO5-3 The Max, Incorporated, is a leading fashion retailer that offers customers an extensive selection of high-quality fashion brands focused on apparel, shoes, cosmetics, and accessories for women, men, young adults and children. The items reported on its income statement for an earller year (ended February 1) are presented here (dollars in millions) in simplifled form in alphabetical order: Required: a. Prepare o classified (multiple-step) consolidated income statement (showing gross profit, operating income, and income before income taxes). b. What is the gross profit percentage? 8 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Prepare a classified (multiple-step) consolidated income statement (showing gross profit, operating income, and income before Income taxes), Notes Enter your answers in millions not in dollars (i,e., 10,000,000 shouid be entered as 10). Round "Eamings per share" to 2 decimal ptaces. Prepare a classified (multiple-step) consolidated income statement (showing gross profit, operating income, a income taxes). Note: Enter your answers in millions not in dollars (i.e., 10,000,000 should be entered as 10). per share" to 2 decimal places