Brief Exercise $3-6($Static$)$ Preparing a multistep income statement containing a gain on sale. LO $3-6$ In Year $1,$ Evelyn's Cookware Company sold land for $\backslash$$$200,000$ cash. The land had originally cost $\backslash$$$120,000.$ Also, Evelyn's sold inventory that had cost $\backslash (\backslash$$ $60,000\backslash )$ for $\backslash (\backslash$$ $90,000\backslash )$ cash. Operating expenses amounted to $\backslash (\backslash$$ $25,000\backslash ).$ Required: Prepare a Year $1$ multistep income statement for Evelyn's Cookware Company