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, $2,185; cost of goods sold, $1,410; selling expense, $200; general and administrative expense, $190; interest expense, $60; and gain on sale of investments, $155. Income tax expense has not yet been recorded. The income tax rate is 25%.

Prepare a single-step income statement.

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

\begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ PACIFIC SCIENTIFIC CORPORATION } \\ \hline \multicolumn{2}{|c|}{ Income Statement } & \\ \hline Revenues and gains: & & \\ \hline & & \\ \hline & & \\ \hline Total revenues and gains & & \\ \hline Expenses and losses: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \hline & & \\ \hline Total expenses and losses & & \\ \hline Income before income taxes & & \\ \hline Net income & & \\ \hline \end{tabular}