Tech Supplies Company, Incorporated, is a leading retailer specializing in consumer electronics. A condensed income statement and

balance sheet for the fiscal year ended February $1,2020,$ are shown below.

Tech Supplies Company, Incorporated

Income Statement

For the Year Ended February $1,2020$

$($$ in millions$)$

Revenues

$$39,628$

Costs and expenses

Operating income

Other income $($expense$)*$

Income before income taxes

Income tax expense

Net income

$*$Includes $$260$ of interest expense.