Appier Corporation had the information listed below available in preparing an income statement for the year ended December 31, 2021. All amounts are before income taxes. Assume a 30% income tax rate for all items

Sales 950,000$

Profits from operation of discount cement division 130,000$

Loss from disposal of cement division (90,000$)

Operating expenses 215,000$

Rent revenue 85,000

Cost of goods sold 250,000

Instructions

Prepare multiple-step income statement in good form.