E$5-9($Algo$)$ Preparing a Classified $($Multiple$-$Step$)$ Income Statement $($Challenging$)$ LO$5-3$

Salesware.com, Incorporated, is a leading provider of enterprise software, delivered through the cloud, with a focus on customer relationship management, or CRM$.$ The Company helps its customers to connect with their customers through cloud, mobile, social, blockchain, voice, advanced analytics, and artificial intelligence $($AI$)$ technologies. Presented below are the items adapted from its recent income statement for the year ended January $31($in millions, except per share amounts$).$ Net earnings per share was $$0\mathrm{.}17,$ and the weighted$-$average shares used in the computation were $837$ million.

Cost of subscription and support revenues $ $3,249$ P

rofessional services and other revenues $ $1,140$

Cost of professional services and other revenues $1,122$

Other income $327$

General and administrative expense $1,712$

Marketing and sales expense $7,938$

Income tax expense $659$

Research and development expense $2,774$

Subscription and support revenues $16,129$

Recognizing that Salesware has two sources of operating revenues, prepare a classified $($multiple$-$step$)$ income statement.

Note: Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$