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With the data below, I am unsure of which lines to include on the common-size income statement. Is this the correct line items and order?

With the data below, I am unsure of which lines to include on the common-size income statement. Is this the correct line items and order?

EXHIBIT 5
COMMON-SIZE INCOME STATEMENT ON TARGET CORPORATION (TGT)
FOR THE FISCAL YEARS 2010-2014
(dollar amounts in millions)
Common-Size Percentages
FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014
Net Sales
Sales $ 65,786 $ 68,466 $ 71,960 $ 71,279 $ 72,618 98% 98% 98% 100% 100%
Credit Card Revenues $ 1,604 $ 1,399 $ 1,341 $ - $ - 2% 2% 2% 0% 0%
Total Revenues $ 67,390 $ 69,865 $ 73,301 $ 71,279 $ 72,618 100% 100% 100% 100% 100%
Cost of Sales 45,725 47,860 50,568 50,039 51,278 68% 69% 69% 70% 71%
Gross Profit 21,665 22,005 22,733 21,240 21,340 32% 31% 31% 30% 29%
Operating Expenses:
Selling, general and admin expenses (SG&A) 13,469 14,032 14,643 14,465 14,676 20% 20% 20% 20% 20%
Credit Card expenses 860 446 467 0 0 1% 1% 1% 0% 0%
Depreciation and amortization 2,084 2,084 2,044 1,996 2,129 3% 3% 3% 3% 3%
Gain on receivables transaction 0 0 (161) (391) 0 0% 0% 0% -1% 0%
Interest Income (Expense):
Earnings from continuing operations before interest expense and income taxes 5,252 5,443 5,740 5,170 4,535 8% 8% 8% 7% 6%
Net Interest expense 757 822 684 1,049 882 1% 1% 1% 1% 1%
Earnings from continuing operations before income taxes 4,495 4,621 5,056 4,121 3,653 7% 7% 7% 6% 5%
Provision for income taxes 1,575 1,572 1,741 1,427 1,204 2% 2% 2% 2% 2%
Net Earnings from continuing operations $ 2,920 $ 3,049 $ 3,315 $ 2,694 $ 2,449 4% 4% 5% 4% 3%
Discontinued operations, net of tax $ (120) $ (316) $ (723) $ (4,085) 0% 0% 0% -1% -6%
Net (loss)/earnings $ 2,920 $ 2,929 $ 2,999 $ 1,971 $ (1,636) 4% 4% 4% 3% -2%

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