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The adjusted tral balance of Pacific Scienufic Corporation on December 31.2024 , the end of the companys fiscal year, contained the following incomestatement items ($
The adjusted tral balance of Pacific Scienufic Corporation on December 31.2024 , the end of the companys fiscal year, contained the following incomestatement items (\$ in millions) sales revenue, $2,150; cost of goods sold, $1,340, seling expense. $165; general and administrative expense, $155, interest expense. $30, and gain on sale of inventiments $70 income tax expense has not yet been recorded The incorre tax rate is 25%. Assume the company/s accountant prepared amultiple-step income statement. a. What amount would appear in that statement for operating income? b. What amount would appear in that statement for nonoperating income? Note: For all requirements, enter your answers in millions (i.e, 10,000,000 should be entered as 10)
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