Question: Been working on this problem for a while now, could really use assistance. E5-7 (Algo) Preparing a Classified (Multiple-Step) Income Statement LO5-3 Marcy's, Incorporated, operates

Been working on this problem for a while now, could really use

Been working on this problem for a while now, could really use assistance.

E5-7 (Algo) Preparing a Classified (Multiple-Step) Income Statement LO5-3 Marcy's, Incorporated, operates the two best-known high-end department store chains in North America: Marcy's and Bloomington's. The following simplified data (in millions) were taken from its recent annual report for the year ended February 1: Required: Prepare a complete classified (multiple-step) consolidated statement of income. (showing gross margin, operating income, and income before income taxes). Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10)

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