Macy's, Inc., operates the two best-known high-end department store chains in North America: Macy's and Bloomingdale's. The following simplified data (in millions) were taken from its recent annual report for the year ended February 1: Cost of sales $ 15,621 Federal, state, and local income tax expense 341 Interest expense 367 Interest income 4 Net sales 25,778 Other operating expenses 577 Selling, general, and administrative expenses 8,265 Required: Prepare a complete classified (multiple-step) consolidated statement of income for the company (showing gross margin, operating income, and income before income taxes). (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)