Could you check over my required one and also help me out with required two? Thank you in advance!

Exercise 4-3 (Algo) Income statement format; single step and multiple step (L04-1, 4-3, 4-5] The following is a partial trial balance for General Lighting Corporation as of December 31, 2021: Debits Credits 2,750,000 88,000 Account Title 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 26,500 1,270,000 280,000 380,000 190,000 87,000 There were 300,000 shares of common stock outstanding throughout 2021. Income tax expense has not yet been recorded. The income tax rate is 25%. Required: 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare a multiple-step income statement for 2021, including EPS disclosures. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a single-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021 Revenues and gains: Sales revenue Interest revenue $ 2,750,000 88,000 2,838,000 Total revenues and gains Expenses and losses: Cost of goods sold Selling expense General and administrative expense Interest expense Loss on sale of investments Loss on inventory write-down Income tax expense $ 1,270,000 380,000 190,000 87,000 26,500 280,000 151,125 Total expenses and losses Income before income taxes 2,384,625 453,375 $ Net income Earnings per share 453,375 1.51 $ Required 1 Required 2 Prepare a multiple-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 decimal places. Amounts to be deducted should be indicated with a minus sign.) GENERAL LIGHTING CORPORATION Income Statement For the Year Ended December 31, 2021 Sales revenue Cost of goods sold Gross profit 0 Operating expenses Selling expense General and administrative expense Loss on inventory write-down 0 0 Total operating expenses Operating income Other income (expense): Interest revenue 0 Total other income (expense), net Income before income taxes 0 Net income Earnings per share