Question: Check my work 1 Exercise 4-3 (Algo) Income statement format; single step and multiple step [LO4-1, 4-3, 4-5] 5 The following is a partial

Check my work 1 Exercise 4-3 (Algo) Income statement format; single stepand multiple step [LO4-1, 4-3, 4-5] 5 The following is a partialtrial balance for General Lighting Corporation as of December 31, 2021 pointsAccount Title Debita Skapend Sales revenue Interest revenue 3,900,000 93,000 Loss onsale of investments 29,000 Boo Print References Cost of goods sold Lasson inventory write-down tobaclescence) Selling expense General and administrative expense Interest expense

Check my work 1 Exercise 4-3 (Algo) Income statement format; single step and multiple step [LO4-1, 4-3, 4-5] 5 The following is a partial trial balance for General Lighting Corporation as of December 31, 2021 points Account Title Debita Skapend Sales revenue Interest revenue 3,900,000 93,000 Loss on sale of investments 29,000 Boo Print References Cost of goods sold Lass on inventory write-down tobaclescence) Selling expense General and administrative expense Interest expense 1,320,000 330,000 430,000 215,000 92,000 There were 300,000 shares of common stock outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax rate is 25% Required: 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare a multiple-step income statement for 2021, including EPS disclosures Complete this question by entering your answers in the tabs below. Required 1 Required 2 Um 1001including EPS disclosures. (Round EPS answer to 2 decimal places.)

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