The preliminary 2024 income statement of Alexian Systems, Incorporated, is presented below:

ALEXIAN SYSTEMS, INCORPORATED
Income Statement
For the Year Ended December 31, 2024
($ in millions, except earnings per share)
Revenues and gains:
Sales revenue	$ 485
Interest revenue	15
Other income	137
Total revenues and gains	637
Expenses:
Cost of goods sold	281
Selling and administrative expense	156
Income tax expense	50
Total expenses	487
Net Income	$ 150
Earnings per share	$ 15.00

Additional information:

Selling and administrative expense includes $37 million in restructuring costs.

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 $17 million is from the gain on sale of investments.

Cost of Goods Sold in 2024 includes an increase of $5 million to correct an understatement of Cost of Goods Sold in 2023. The amount is material.

Required:

Prepare a revised income statement for 2024 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.

Note: Enter your answers in millions rounded to 2 decimal places. Round EPS answers to 2 decimal places.