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 $ 270,000 104,000 54,000 44,000 Income tax expense Cost of goods sold Administrative expenses $ 24,000 184,000 34,000 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 Sales revenue $ 270,000 Cost of goods sold 184,000 Gross profit $ 86,000 0 Total operating expenses Operating income (loss) Non-operating revenue 104,000 Income before income taxes Income tax expense Net income