E5.11 (LO 4), AP In its income statement for the year ended December 31, 2022, Laine Inc. reported the following condensed data. Prepare an income statement and comprehensive income statement. $ 33,000 17,000 Operating expenses $ 725,000 Cost of goods sold 1,256,000 Interest expense 70,000 Income tax expense 47,000 Instructions a. Prepare a multiple-step income statement. b. Prepare a comprehensive income statement. Interest revenue Loss on disposal of plant assets Net sales Other comprehensive income (net of $1,200 tax) 2,200,000 8,300