Chapter 4 Multiple-Step Income Statement due 0305, 1 point Prepare below or in Excel (or PDF) a multi-step income statement, including income tax expense and earnings per share. The following is a partial trial balance for General Lighting Corporation as of December 31, 2021: Account Title Debits Credits $ 2,350,000 80,000 $ Sales revenue Interest revenue Loss on sale of investments Cost of goods sold Loss on inventory write-down (obsolescence) Selling expense General and administrative expense Interest expense 22,500 1,200,300 200,000 300,000 150,000 90,000 There were 160,000 shares of common stock outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax rate is 25%. MacBook Air