In its income statement for the year ended December 31, 2020, Lemere Company reported the following condensed data.

Operating expenses ...........................................................................   $ 725,000
Interest revenue .................................................................................     $ 28,000
Cost of goods sold ..............................................................................  1,289,000

Loss on disposal of plant assets .......................................................       17,000
Interest expense ................................................................................        70,000

Net sales .............................................................................................  2,200,000
Other comprehensive income .........................................................         8,300

Instructions

a. Prepare a multiple-step income statement.

b. Prepare a single-step income statement.

c. Prepare a comprehensive income statement.