Section 6 14 points, Multiple Step Income Statement / Single Step In the Income Statement for this month, Palm Beach Resort reported the following data: Administation Expenses Cost of Good Sold Interest Expense Interest Revenue Selling Expenses Loss on sale of Equipment Net Sales 435000 1289000 70000 28000 490000 10000 2342000 Prepare and fill in the Multiple Step Income Statement and Single Step Income Statement Write the correct answer in the white and orange boxes Palm Beach Resort Multiple Step Income Statement Palm Beach Resort Single Step Income Statement Net Sales Net Sales Gross Profit Income from Operations Expenses EBIT Net Income Net Income