6 Required information [The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2018, income statement Part 1 of 2 0.78 points Sales revenue Non-operating revenue Selling expenses General expenses $ 290,000 Income tax expense 108,000 Cost of goods sold 58,000 Administrative expenses 48,000 $ 28,000 188,000 38,000 Required: 1. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) Answer is not complete. TISDALE INCORPORATED Multiple step Income Statement For the year ended December 31, 2018 $ 290,000 Sales revenue Gross profit $ 102,000 0 Selling expenses General expenses Administrative expenses Total operating expenses Operating income (loss) 58.000 48.000 38,000 144000 ME GE 2 Drou