Keep in mind the information at the top

The Trainer Tire Company provided the following partial trial balance for the current year ended December 31. The company is subject to a 35% income tax rate. (Click the icon to view the trial balance.) Read the requirements, Trial balance Requirement a. Prepare a single-step income statement. Prepare Trainer Tine Company's single-step income statement, one section at a time. (Use parentheses or a minus sign to enter a loss from discontinued operations.) Trainer Tire Company Statement of Net Income For the Year Ended December 31 Revenues and Gains Sales $ 440,000 32,000 9.200 Interest Income Dividend Income Gain on Flood Damage Gain on Disposal of Plant Assets 44,000 4,200 58.000 Unrealized Gain on Trading Investments Total Revenues and Gains Trainer Tire Company Trial Balance (Selected Accounts) For the Year Ended December 31 Account Debit Credit Dividends $ 3,100 Sales S 440,000 Interest Income 32000 Dividend Income 9,200 Gain on Flood Damage 44,000 Gain on Disposal of Plant Assets 4,200 Unrealized Gain on Trading Investments 58 000 Cost of Goods Sold 72,000 Office Supplies Expense 6,400 Advertising Expense 18,000 Office Salaries Expense 32,000 Selling Expenses 52,000 Accounting and Legal Fees-General 3.700 Sales Salaries Expense 8,600 Systems Consulting Fees-General 2,400 Depreciation Expense-General 36,000 Amortization Expense-General 25,000 Interest Expense 4,900 Loss on Asset Impairment 16,500 Loss on Discontinued Operations Before Tax 25,000 Unrealized Loss on Available-for-Sale Bonds 6,000 S 587.400 Print Done