I. Prepare a single-step income statement for 2013, including EPS disclosures

ii. Prepare a multiple-step income statement for 2013, including EPS disclosures

The following is a partial trial balance for General Lighting Corporation as of December 31, 2013 Debits Account Title Sales revenue Rental revenue Loss on sale of investments Loss from flood damage (event is both unusual and infrequent) Cost of goods sold Loss from write-down of inventory due to obsolescence Selling expenses General and administrative expenses Interest expense Credits 2,800,000 89,000 27,000 210,000 1,280,000 290,000 390,000 195,000 88,000 200,000 shares of common stock were outstanding throughout 2013. Income tax expense has not yet been accrued. The income tax rate is 40%