Current Attempt in Progress Suppose in its income statement for the year ended June 30,2025, The Clorox Company reported the following condensed data (dollars in miltions). Asuime a taxcate of 34%. (a) Prepare a muitiple-step income statement. (Round answers to o decimal ploces, eg, 15,222) Assume the marketing department has presented a plan to increase advertising expenses by $450 million. It expects this plan to result in an increase in both net sales and cost of goods sold of 20%. (Hint: Increase both sales revenue and sales returns and allowances by 20% ) (Assume a tax rate of 34%, and round all amounts to whole dollars.) Prepare a multiple-step income statement. Report Net Sales without explicitly showing Sales Revenue and Sales Returns and