ssignment CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREENPRINTER VERSION BACK Exercise 1-5 The following information was taken from the 2014 financial statements of pharmaceutical giant Merck a Co. (All dollar amounts are in millions.) Retained earnings, January 1, 2014 Cost of goods sold Selling and administrative expenses Dividends Sales revenue Research and development expense Income tax expense $42,026.3 9,461.4 8,641.1 ,158.2 42,163 6,266 3,137.5 After analyzing the data, prepare an income statement for the year ending December 31, 2014. (Enter amounts in millions upto 1 decimal place, e.g. 45.5 million.) MERCK AND CO Income Statement For the Year Ended December 31, 2014 (in millions) LEST OF ACCOUNTS After analyzing the data, prepare a retained earnings statement for the year ending December 31, 2014. (List items that increase retained earnings first. Enter amounts in millions upto 1 decimal place, e.g. 45.5 million MERCK AND CO Retained Earnings Statement For the Year Ended December 31, 2014 (in millions) Click if you would like to Show Work for this question: Open Show Work