A single-step income statement appears below. Present the information in a multistep income statement, and indicate what insights can be obtained from the multistep form as opposed to the single-step form. 

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Vision Company Income Statement For the Year Ended December 31, 2010 Revenues Net sales $1,207,132 Interest income 5,720 $1,212,852 Total revenues Costs and expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Total costs and expenses $787,080 203,740 100,688 13,560 1,105,068 $ 107,784 Income before income taxes Income taxes expense 24,000 $ 83,784 Net income Earnings per share %24 8.38