Question: The following income statement does not reflect intraperiod tax allocation. INCOME STATEMENT For the Fiscal Year Ended March 31, 2021 ($ in millions) Sales revenue

The following income statement does not reflect intraperiod tax allocation. INCOME STATEMENT For the Fiscal Year Ended March 31, 2021 ($ in millions) Sales revenue Cost of goods sold Gross profit Operating expenses Income tax expense Income before discontinued operations Loss from discontinued operations Net income $ 826 (362) 464 (184) (47) 233 (92) $ 141 The company's tax rate is 25%. Required: Recast the income statement to reflect intraperiod tax allocation. (Loss amounts should be indicated with a minus sign. Enter your answers in millions (ie., 5,500,000 should be entered as 5.5).) Income Statement For the fiscal year ended March 31, 2021 ($ in millions) MacBook da F7 DII F8 DD FO F10 F11

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