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In: AccountingThe adjusted trial balance of Pacific Scientific Corporation onDecember 31, 2017, the end of the...The adjusted trial balance of Pacific Scientific Corporation onDecember 31, 2017, the end of the company's fiscal year, containedthe following income statement items ($ in millions): salesrevenue, $2284; cost of goods sold, $1328; selling expenses, $160;general and administrative expenses, $299; interest expense, $60;and gain on sale of investments, $68. Income tax expense has notyet been accrued. The income tax rate is 40%. Determine the amountwould appear in a multi-step income statement for net income(loss). Answer in dollars and cents ($ 0.00 ).
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