I need help with this question ASAP. Thanks

A preliminary 2016 income statement of Alexian Systems is presented below:

Alexian Systems

Income Statement

For the period ending, December 31 ,2016

(in $milliions)

Revenues and Gains:

Sales$425

Interest Revenue3

Gain on Sale of Investment6

Expenses

Cost of Goods Sold270

Salaries Expense50

Depreciation Expense25

Warranty Expense30

RestructuringCosts10

Advertising Expense23

Additional information:

Tax Rate is 40%

Cost of Goods Sold includes a $ 1 milliion dollar write down of inventory, that was material

There were 20 million shares of common stock outstandingthroughout the year.

Prepare a revised multi Step Income statement, reflecting the additional facts, in good form, with all required footnote disclosures.