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Exercise 4-3 Income statement format; single step and multiple step (L04-1,4-3, 4-5) The following is a partial trial balance for General Lighting Corporation as of December 31, 2018: Debita Credito 2,700,000 87,000 Account Title Sales revenue Interest revenue Loss on sale of Investments Cost of goods sold Loss from write-down of inventory due to obsolescence Selling expenses General and administrative expenses Interest expense 26,000 1,260,000 270,000 370,000 185,000 86,000 300,000 shares of common stock were outstanding throughout 2018. Income tax expense has not yet been recorded. The income tax rate is 40% Required: 1. Prepare a single-step income statement for 2018, including EPS disclosures 2. Prepare a multiple-step income statement for 2018, including EPS disclosures. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a single-step income statement for 2018, including EPS disclosures. (Round EPS answer to 2 decimal places.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2018 Required 1 Required 2 Prepare a single-step income statement for 2018, including EPS disclosures. (Round EPS answer to 2 decimal places.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2018 0 + 0 0 Earnings per share Required Required 2 > Prepare a multiple-step income statement for 2018, including EPS disclosures. (Round EPS answer to 2 decimal Amounts to be deducted should be indicated with a minus sign.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2018 0 0 0 0 0 Eamings per share