Edison Corporation's December 31, 2020 adjusted trial balance is presented below: Debit Credit Cash $ 14,000 Accounts receivable 52,000 Inventory 22,000 Patents 24,000 Machinery 110,000 Accounts payable Accumulated depreciation Allow. for uncollectible accts Bonds payable, due in 2024 Common stock Retained earnings Sales revenue Costs of goods sold 40,000 Administrative expense 26,000 Selling expense 10,000 Restructuring expense 12,000 Interest expense 8,000 Income tax expense 18,000 $ 32,000 40,000 4,000 72,000 40,000 24,000 124,000 Totals $336,000 $336,000 Prepare Edison's multiple step income statement for 2020