The statement of income for Granger Ltd$.$ is shown below:

. lliii*lliei" The statement of income for Granger .Ltd is shown bei0W$ GRANGER LTD. Statement Of Income Year Ended December 31 (in millions) 2644 '022 2624 -Sales Cost of goods sold Gross profit Operating expenses -Ancomefromoperations Ince rest expense Income beforeincoroe tax tax expense $1,390 749 709 64f 522 108 25 II' Ilh $14197 -$91 -404 187 40