Exercise 4-3 (Algo) Income statement format; single step and multiple step [LO 4-1] The following is a partial trial balance for General Lighting Corporation as of December 31, 2024: Income tax expense has not yet been recorded. The income tax rate is 25% of income before income taxes. Required: 1. Prepare a single-step income statement for 2024 . 2. Prepare a multiple-step income statement for 2024 . Complete this question by entering your answers in the tabs below. Prepare a single-step income statement for 2024. Complete this question by entering your answers in the tabs below. Prepare a multiple-step income statement for 2024. Note: Amounts to be deducted should be indicated with a minus sign