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Wolverine World Wide, Inc., prides itself as being the worlds leading marketer of U.S. branded non-athletic footwear. The following data (in millions) were reported for

Wolverine World Wide, Inc., prides itself as being the worlds leading marketer of U.S. branded non-athletic footwear. The following data (in millions) were reported for the third quarter of 2016:

Net Sales $ 1,584
Income Tax Expense 36
Dividends 19
Salaries and Wages Expense 503
Cost of Goods Sold 973
Interest Expense 35

  1. Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

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