E5-7 Multiple-Step and Single-Step Income Statements, and Statement of Comprehensive Income On Decem- LO 5.4 ber 31, 2019, Opgenorth Company listed the following items in its adjusted trial balance: LO 5.6 LO 5.7 Loss from fire (pretax) $ 8,000 General and administrative expenses $ 17,000 Interest revenue 2,500 Sales 160,000 Selling expenses 14,000 Unrealized decrease in fair value of Cost of goods sold 95,000 available for-sale securities 1,800 SHOW Loss on sale of equipment (pretax) 2,000 Additional data: 1. Seven thousand shares of common stock have been outstanding the entire year. 2. The income tax rate is 30% on all items of income. Required: 1. Prepare a 2019 multiple-step income statement. 2. Prepare a 2019 single-step income statement. 3. Prepare a 2019 statement of comprehensive income. ME HOW