CH Exercise 6-3A Prepare a multiple-step income statement and analyze profitability (L06-2) (The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2021, income statement. Sales revenue Non-operating revenue $ 22,000 182,000 $260,000 Income tax expense 102,000 cost of goods sold Administrative 52,000 expenses 42,000 Selling expenses General expenses 32,000 Exercise 6-3A Part 1 Required: 1. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) TISDALE INCORPORATED Multiple-stap Income Statement A. TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2021 Sales revenue $ 260,000 Cost of goods sold 182,000 $ 78,000 Gross profit Administrative expenses General expenses Selling expenses 32,000 42,000 52,000 tes Total operating expenses Operating income (loss) Non-operating revenue 126,000 (48,000) 102,000 Income before income taxes income tax expense Net income 22,000