Walgreens reported the following income statement for the year ended December 31, 2020. Prepare a forecasted income statement for the company for the year 2021. WALGREENS Consolidated Statements of Income Projected 2021 In millions 2020 $ 177,526 148,669 2 28,857 ? 18,519 ? 10,338 2 1.058 1058 643 2 Net revenues Cost of revenues Gross profit Total operating expenses Operating profit Interest expense, net Loss on early extinguishment of debt Income before income tax provision Income tax provision Income from continuing operations Income (loss) from discontinued operations, net Net income Net loss attributable to noncontrolling interest Net income attributable to Walgreens 2 8.637 3,317 5,320 2 7 (1) 5.319 2 (2) (2) $5,317 6121 To forecast the income statements, make the following assumptions. For accounts that are not included in the list below, assume that the amount will not change for the forecasted year. Growth in net revenues 5.0% Cost of revenues to net revenues 83.7% Oneratinn mynenses to net revenue 10 To forecast the income statements, make the following assumptions. For accounts that are not included in the list below, assume that the amount will not change for the forecasted year. 5.0% 83.7% 10.4% Growth in net revenues Cost of revenues to net revenues Operating expenses to net revenues. Loss on early extinguishment of debt. Income tax rate... Loss from discontinued operations... SO 38.4% SO Round to the nearest integer (zero decimal places). Do not put commas or $ in your answer. 2021 Net revenues: $ million 2021 Cost of revenues: $ million 2021 Gross profit: $ million 2021 Total operating expenses: $ million 2021 Operating profit: $ million 2021 Loss on early extinguishment of debt: $ million 2021 Income before income tax provision: $ million 2021 Income tax provision: $ million 2021 Income from continuing operations: $ million 2021 Loss from discontinued operations: $ million 2021 Net income: $ million