Unit 5 AS: Exercises and Problems (Connect) i Saved 6 The following income statement does not reflect intraperiod tax allocation. INCOME STATEMENT For the Fiscal Year Ended March 31, 2021 points ($ in millions) Sales revenue $ 826 Skipped Cost of goods sold (362) Gross profit 464 Operating expenses (184) Income tax expense (47) Income before discontinued operations 233 Loss from discontinued operations (92) Net income $ 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 mi answers in millions (i.e., 5,500,000 should be entered as 5.5).) . Income Statement For the fiscal year ended March 31, 2021 ($ in millions) Gross profit (loss) Operating expenses MC Gr Hill\f