The adjusted trial balance of Pacific Scientific Corporation on December $31,2024,$ the end of the company's fiscal year, contained the following income statement items $($ $ in millions$)$; sales revenue, $$2,150$; cost of goods sold, $$1,360$; selling expense, $$175$; general and administrative expense, $$165$; interest expense, $$40$; and gain on sale of investments, $$90.$ Income tax expense has not yet been recorded. The income tax rate is $25\%.$

Prepare a multiple$-$step income statement.

Note: Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$

Prevy

$2$ of $5$

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