18. Multiple-step income statement. (10 POINTS) Shown below is a recent income statement for Hampton Light, Inc.: HAMPTON LIGHT, INC. Income Statement For the Year Ended December 31, 19 $4,000,000 Net sales.. Costs and expenses: $(2,600,000) (800,000) Costs of goods sold.. Earnings before income taxes... Net earnings.... (100,000)(3,500,000) 500,000 (180,000) $320,000 Prepare an income statement for the year in a multiple-step format. (Use the grid Below.)