1 Required information (The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2021, income statement Part 1 of 2 3.03 points Sales revenue Non-operating revenue Selling expenses General expenses $315,000 113,000 63,000 53,000 Income tax expense Cost of goods sold Administrative expenses $ 33,000 193,000 43,000 Hint 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 $ 315,000 Sales revenue 193,000 $ 122,000 Cost of goods sold Gross profit Selling expenses General expenses 'Administrative expenses 63,000 53,000 43,000 Total operating expenses Operating Income (los) 159.000 Required: 1. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) Part 1 of 2 TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2021 $ 315,000 3.03 points Sales revenue 193,000 Hint $ 122.000 Cost of goods sold Gross profit Selling expenses General expenses Administrative expenses 63,000 53,000 43,000 159,000 Total operating expenses Operating income (loss) Non-operating revenue Income tax expense 113,000 33,000 Net income