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The preliminary 2024 income statement of Alexian Systems, Incorporated, is presented below: Additionol information: 1. Selling and administrative expense includes $46 million in restructuring costs.

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The preliminary 2024 income statement of Alexian Systems, Incorporated, is presented below: Additionol information: 1. Selling and administrative expense includes $46 million in restructuring costs. 2 Included in other income is $115 million in income from a discontinued operation. This consists of $90 million in operating income and a $25 million galn on disposaL. The remaining \$6 million is from the gain on sale of investments. 3. 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 materlal. Required: Prepare a revised income statementfor 2024 reflecting the additional facts. Use a multiple-step format. Assume that an income fax 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 ploces. Round EPS onswers to 2 decimal places. 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

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