2 The following is a partial trial balance for the Green Star Corporation as of December...
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2 The following is a partial trial balance for the Green Star Corporation as of December 31, 2021: Account Title Debits Sales revenue 0.76 Interest revenue points Gain on sale of investments Cost of goods sold 720,000 Selling expenses 160,000 General and administrative expenses 75,000 Interest expense 40,000 eBook Income tax expense 130,000 Hint Print References Mc Credits 1,300,000 30,000 50,000 There were 100,000 shares of common stock outstanding throughout 2021. Required: 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare a multiple-step income statement for 2021, 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 2021, including EPS disclosures. (Round EPS answer to 2 decimal places.) Revenues and gains: GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2021 2 The following is a partial trial balance for the Green Star Corporation as of December 31, 2021: Account Title Debits Sales revenue 0.76 Interest revenue points Gain on sale of investments Cost of goods sold 720,000 Selling expenses 160,000 General and administrative expenses 75,000 Interest expense 40,000 eBook Income tax expense 130,000 Hint Print References Mc Credits 1,300,000 30,000 50,000 There were 100,000 shares of common stock outstanding throughout 2021. Required: 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare a multiple-step income statement for 2021, 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 2021, including EPS disclosures. (Round EPS answer to 2 decimal places.) Revenues and gains: GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2021
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