Question: Please solve and show the work for this problem below. This is how the problem was listed exactly. Lowe's Companies, Inc. Common Size Statement of

Please solve and show the work for this problem below. This is how the problem was listed exactly.

Lowe's Companies, Inc. Common Size Statement of Earnings 12 Months Ended in Millions $ Percentages
Feb. 01, 2019 Feb. 02, 2018 Feb. 03, 2017 Feb. 01, 2019 Feb. 02, 2018 Feb. 03, 2017
Net sales $ 71,309 $ 68,619 $ 65,017
Cost of sales 48,401 46,185 43,343
Gross margin 22,908 22,434 21,674
Expenses:
Selling, general and administrative 17,413 14,444 14,375
Depreciation and amortization 1,477 1,404 1,453
Operating income 4,018 6,586 5,846
Interest - net 624 633 645
Loss on extinguishment of debt 0 464 0
Pre-tax earnings 3,394 5,489 5,201
Income tax provision 1,080 2,042 2,108
Net earnings $ 2,314 $ 3,447 $ 3,093

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