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In its income statement for the year ended December 31, 2019, Larkspur, Inc. reported the following condensed data. Prepare a multiple-step income statement. Operating expenses

In its income statement for the year ended December 31, 2019, Larkspur, Inc. reported the following condensed data. Prepare a multiple-step income statement.

Operating expenses $ 748,970 Interest revenue $ 30,060
Cost of goods sold 1,348,800 Loss on disposal of plant assets 18,640
Interest expense 74,260 Net sales 2,409,600
Other comprehensive income 6,720

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