$\backslash$table$[[12$ Months Ended $($$ millions$),$Dec. $31,2016,$Dec. $31,2015,$Dec. $31,2014],[$Net sales,$$22,273,$$$22,446,$$$21,427$

Reformulating Financial Statements For Warranty Expense

Income statement data for Whirlpool Industries from the company's $2016$ financial statements follow. Use these data to reformulate the income statement for $2014,2015,$ and $2016$ under the assumption that warranty expense is a constant percentage of revenue across all three years. Specifically, compute the adjustments to: warranty expense, income tax expense, and net income. The company's tax rate is $30\%.$

$\backslash$table$[[12$ Months Ended $($$ millions$),$Dec. $31,2016,$Dec. $31,2015,$Dec. $31,2014$