11 The following is a partial trial balance for General Lighting Corporation as of December 31, 2021: Debits 9.1 points Credits 3,150,000 96,000 Account Title Sales revenue Interest revenue Loss on sale of investments Cost of goods sold Loss on inventory write-down (obsolescence) Selling expense General and administrative expense Interest expense Skipped 30, 500 1,350,000 360,000 460,000 230,000 95,000 cBook There were 400,000 shares of common stock outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax rate is 25%. Hint Required: 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare multiple-step income statement for 2021, including EPS disclosures. References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a multiple-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021 0 0 Gross profit Operating expenses: 0 0 Total operating expenses Operating income Other income (expense): 0 0 Total other income (expense), net Income before income taxes 0 0 Net income Earnings per share