Assume the marketing department has presented a plan to increase advertising expenses by 210 million. It expects this plan to result in an increase in both net sales and cost of goods sold of 20%. (Hint: Increase both sales revenue and sales returns and allowances by 25%.) . discuss whether this plan has merit. (Assume a tax rate of 34%, and round all amounts to whole dollars.) Prepare a multiple-step income statement. (Round answers to decimal places, es. 15,222) The Clorox Company Income Statement (amounts in millions)