(a) prepare a multi step income statement

(b) prepare a single- step income statement

In its income statement for the year ended December 31, 2017, Anhad Company reported the following condensed data.

Operating expenses		$ 754,570		Interest revenue		$ 28,440
Cost of goods sold		1,339,800		Loss on disposal of plant assets		17,560
Interest expense		70,960		Net sales		2,413,500