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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

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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 Selling expenses General expenses $285,000 Income tax expense 107,000 Cost of goods sold 57,000 Administrative expenses 47,000 $ 27,000 187,000 37,000 Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2021 Total operating expenses Operating income (loss) S Prey RO

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