multiple step income statement

QUESTION 28 During 2020, Bardey Corp. reported the following: a) Sales revenue (SALES) of $60,000 and a gross profit % of 45% b) Selling expenses (SELL EXP) of $16,500 c) Administrative expenses (ADM EXP) of $8.200 d) Paid dividenda (DIV PD) of $2,300 e) Incurred interest expense (INT EXP) of $1,000 1) A tax rate of 25% In addition, the following events occurred in 2020 - Barkley sold land, which had a cost of $8,000 for $14,300 (GAL LAND) - Barkley sold a segment of its business operations (DISC OPS) The segment generated an operating loss of $24.000 in 2020 and was sold for a gain of $17,000 on December 1, 2020 - Barkley purchased available for sale investments for $15,000 in 2020. Barkley still owned the investments at December 31, 2020, which had a market value of $18.600 on this date (UNR G/L INV). Required: In good form, prepare a multiple-step income statement for 2020 making sure to include profitability measures that are commonly reported on the multiple-step income statement. Please omit the income statement heading and earnings per share Information. Feel free to use the capitalized abbreviations that are listed above to save some time while typing in your multiple-stop Income statement