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Suppose in its income statement for the year ended June 30, 2025, The Clorox Company reported the following condensed data (dollars in millions). Assume a

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Suppose in its income statement for the year ended June 30, 2025, The Clorox Company reported the following condensed data (dollars in millions). 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 (amounts in millions) Dividends Gross Profit Income Bcfore income Taxes Income From Operations Net Income/ (Loss) Net Sales: Operating Expenees Other Expenses and Losses. Other Revenues and Gains. Retained Earnings, July 1, 2024 Retained Earnings, June 30, 2025 Sales

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