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The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of...

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Accounting

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The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of the company's fiscal year, contained the following income statement items ($ in millions): sales revenue, $2,190; cost of goods sold, $1,420; selling expense, $205; general and administrative expense, $195; interest expense, S65; and gain on sale of investments, $115, Income tax expense has not yet been recorded. The income tax rate is 25%. Assume the company's accountant prepared a multiple-step Income statement. a. What amount would appear in that statement for operating income? b. What amount would appear in that statement for nonoperating income? {For all requirements, enter your answers in millions (loe., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.) Operating income b. Nonoperating income million million

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