The preliminary 2023 statement of profit or loss of Alexian Systems Ltd is presented as follows: ALEXIAN SYSTEMS LTD Statement of Profit or Loss For the Year Ended December 31, 2023 (S in millions, except earnings per share) Revenues and gains: Net sales Interest $425 3 Other income 126 Total revenues and gains 554 Expenses: Cost of goods sold Selling and administrative Income taxes Total expenses Net profit Earnings per share Requirement 1: P3-4 in the book Additional information: 270 154 26 450 $ 104 $5.20 1. Selling and administrative expenses include $26 million in restructuring costs. 2. Included in other profit is $120 million in profit from a discontinued operation. This consists of $90 million in operating profit and a $30 million gain on disposal. The remaining $6 million is from the gain on sale of investments. 3. Cost of goods sold was increased by $5 million to correct an error in the calculation of 2022's ending inventory. The amount is material. Required: For each of the three additional facts listed in the additional information, discuss the appropriate presentation of the item described. Do not prepare a revised statement.