Use the information in the following table for calendar year 2016 to prepare an income statement for McDonald’s Corporation. Be sure to include entries for operating income and net income.

Revenue from company restaurants....................$15,295 million
Revenue from franchised restaurants......................9,327 million
Cost of operating companyowned restaurants....12,699 million
Income taxes ..............................................................2,180 million
Interest expense ............................................................885 million
General and administrative cost ..............................2,460 million
Cost of restaurant leases ..........................................1,718 million