The preliminary 2018 income statement of Alexian Systems, Inc., is presented below: ALEXIAN SYSTEMS, INC. Income Statement For the Year Ended December 31, 2018 ($ in millions, except earnings per share) Revenues and gains: $ 427 Net sales Interest Other income 128 Total revenues and gains Expenses: Cost of goods sold Selling and administrative 560 272 158 Income taxes 39 Total expenses 469 91 Net Income $2.60 Earnings per share Additional information: 1. Selling and administrative expenses include $28 million in restructuring costs. 2. Included in other income is $120 million in income from a discontinued operation. This consists of $90 million in operating income and a $30 million gain on disposal. The remaining $8 million is from the gain on sale of investments. 3. Cost of goods sold was increased by $10 million to correct an error in the calculation of 2017's ending inventory. The amount is material. Required: Prepare a revised income statement for 2018 reflecting the additional facts. Use a multiple-step format. Assume that an income tax rate of 30% applies to all income statement items, and that 35 million shares of common stock were outstanding throughout the year. (Enter your answers in millions except earnings per share. Round EPS answers to 2 decimal places.) ALEXIAN SYSTEMS, INC. Income Statement For the Year Ended December 31, 2018 ($ in millions except per share date) Net sales revenue Cost of goods sold Gross profit Operating expenses: Selling and administrative Restructuring costs Total operating expenses Other income: Interest revenue Gain on sale of investment Total other income Income from continuing operations before income taxes Income tax expense Income from continuing operations Discontinued operations: Income from operations of discontinued component Income tax expense Income from discontinued operations Net income Earnings per share: Income from continuing operations Income from discontinued operations Net income