The preliminary 2021 income statement of Alexian Systems, Inc., is presented below: ALEXIAN SYSTEMS, INC. Income Statement For the Year Ended December 31, 2021 ($ in millions, except earnings per share) Revenues and gains: Sales revenue $ 425 Interest revenue 4 Other income 126 Total revenues and gains 555 Expenses: Cost of goods sold 245 Selling and administrative expense 154 Income tax expense 39 Total expenses 438 Net Income Earnings per share $ 117 $5.85 Additional information: 1. Selling and administrative expense includes $26 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 $6 million is from the gain on sale of investments. 3. Cost of Goods Sold in 2021 was increased by $40 million to correct an error in the calculation of 2020's ending inventory. The amount is material. Required: Prepare a revised income statement for 2021 reflecting the additional facts. Use a multiple-step format. Assume that an income tax rate of 25% applies to all income statement items, and that 20 million shares of common stock were outstanding throughout the year. (Enter your answers in millions except earnings per share. Round EPS answers to 2 decimal places.) Sales revenue ALEXIAN SYSTEMS, INC. Income Statement For the Year Ended December 31, 2021 ($ in millions except per share date) Cost of goods sold Gross profit Operating expenses: Selling and administrative expenses S 117 Restructuring costs Total operating expenses Operating income Other income: Interest revenue Gain on sale of investment Total other income Income from continuing operations before income taxes Income taxes payable Income from continuing operations Discontinued operations: Income from operations of discontinued component Income tax expense Income on discontinued operations Net income Earnings per share: Income from continuing operations Income on discontinued operations Net income $ 425 (245) X 180 x 117 63 0 63 63 0