Carr Corporation provided the following partial$-$trial balance for the current year.

$($Click the icon to view the partial$-$trial balance.$)$

Prepare a single$-$step income statement for the year ended December $31.$ Carr is subject to a $40\%$ income tax rate $($Round$\_$allamounts to the nearest whale dollar$)$

Statement or Net Income

For the Year Ended December $31$

Partial trial balance

Carr Corporation

Trial Balance $($Selected Accounts$)$

For the Year Ended December $31$

Account

Dividends

Sales

Dividend Income

Interest Income

Gain on Disposal of Plant Assets

Unrealized Gain on Trading Investments

Cost of Goods Sold

Office Supplies Expense

Sales Salaries Expense

Selling Expenses

Accounting and Legal Fees$-$General Expense

Advertising Expense

Office Salaries Expense

Depreciation Expense$-$General Expense

Interest Expense

Loss on Asset Impairment

Debit

Credit