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. $430 Interest revenue 7 Other income 129 Total revenues and gains 566 Expenses: Cost of goods sold 248 Selling and administrative expense 150 Income tax expense 42 Total expenses 440 Net Income $126 $12.60 Earnings per share Additional information: 1. Selling and administrative expense includes $29 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 $9 million is from the gain on sale of investments. 3. Cost of Goods Sold in 2024 Includes an increase of $10 million to correct an understatement of Cost of Goods Sold in 2023. The amount is material.