Please help! #7

Required information. Exercise 6-3A Prepare a multiple-step income statement and analyze profitability (LO6-2) [The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2021, income statement. Sales revenue Non-operating revenue Selling expenses General expenses $350,000 120,000 70,000 60,000 Income tax expense Cost of goods sold Administrative expenses $ 40,000 200,000 50,000 Required: 1. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2021 Total operating expenses Operating income (loss)