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The preliminary 2021 income statement of Alexian Systems, Inc., is presented below: Additional information: 1. Selling and administrative expense includes $40 million in restructuring costs.

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The preliminary 2021 income statement of Alexian Systems, Inc., is presented below: Additional information: 1. Selling and administrative expense includes $40 million in restructuring costs. 2. Included in other income is $132 million in income from a discontinued operation. This consists of $90 million in operating income and a $42 million gain on disposal. The remaining $8 million is from the gain on sale of investments. 3. Cost of Goods Sold in 2021 was increased by $4 million to correct an error in the calculation of 2020 's ending inventory. The amount is material. ALEXIAN SYSTEMS, INC. Income Statement For the Year Ended December 31, 2021 ( $ in millions except per share date) \begin{tabular}{|l} \hline Gross profit \\ \hline Operating expenses: \end{tabular} Total operating expenses Operating income Other income: Total other income Income from continuing operations before income taxes Income from continuing operations Discontinued operations: Additional information: 1. Selling and administrative expense includes $40 million in restructuring costs. 2. Included in other income is $132 million in income from a discontinued operation. This consists of $90 million in operating income and a $42 million gain on disposal. The remaining $8 million is from the gain on sale of investments. 3. Cost of Goods Sold in 2021 was increased by $4 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 10 million shares of common stock were outstanding throughout the year. (Enter your answers in millions rounded to 2 decimal places. Round EPS answers to 2 decimal places.)

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