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The preliminary 2024 income statement of Alexian Systems. Incorporated. Is presented below. Additional information: 1. Selling and administrative expense includes $42 milition in restructuring costs

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The preliminary 2024 income statement of Alexian Systems. Incorporated. Is presented below. Additional information: 1. Selling and administrative expense includes $42 milition in restructuring costs 2 Included in other income is $130 milition in income from a disconunued operotion. This consists of $90 million in operating Income and a \$40 million gain on disposal. The remaining $7 miltion is from the gain on sale of investments. 3. Cost of Goods Sold in 2024 inciudes an increase of $10 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 odditional facts. Use a multiple-step format. Assume that an income tox rate of 25% opplies to all income statement items, and that 10 million shares of common stock were outstanding throughout the year Note: Enter your answers in mililions rounded to 2 decimal ploces. Round EPS answers to 2 decimal places. ALEXIAN SYSTEMS, INCORPORATED Income Statement For the Year Ended December 31, 2024 ( $ in millions except per share data)

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