Below are selected accounts taken from the adjusted trial balance of Steph and Becs on December 31, 2019: Operating Expenses 1,000 Sales Revenue S 5,000 Inventory (@1/1/19) S 1,600 Purchases S 1,200 Interest Revenue S 250 Loss on disposal of a discontinued component of the business (pre-tax) $ 400 Inventory (@12/31/19) S 750 Steph & Bec's has 1,500 shares of common stock outstanding. The income tax rate is 30%. Required: a. Prepare a single step income statement. b. Prepare a multiple step income statement