cel E5.10 (LO 5), AP In its income statement for the year ended December 31, 2022, Laine Inc. reported the following condensed data. Operating expenses Cost of goods sold Interest expense Instructions $ 725,000 1,256,000 70,000 a. Prepare a multiple-step income statement. b. Prepare a single-step income statement. Interest revenue Loss on disposal of plant assets Net sales $ 33,000 17,000 2,200,000 d tria

E5.10 (LO 5), AP In its income statement for the year ended December 31, 2022, Laine Inc. reported the following condensed data. a. Prepare a multiple-step income statement. b. Prepare a single-step income statement. E5.10 (LO 5), AP In its income statement for the year ended December 31, 2022, Laine Inc. reported the following condensed data. a. Prepare a multiple-step income statement. b. Prepare a single-step income statement