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In its income statement for the year ended December 31, 2022, Kingbird, Inc. reported the following condensed data. Operating expenses $ 730,000 Interest revenue $

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In its income statement for the year ended December 31, 2022, Kingbird, Inc. reported the following condensed data. Operating expenses $ 730,000 Interest revenue $ 42,000 Cost of goods sold 1,265,000 Loss on disposal of plant assets 25,000 Interest expense 80,000 Net sales 2,208,000 Income tax expense 54,000 Other comprehensive income (net of $1,200 tax) 9,200 Prepare a multiple-step income statement. Kingbird, Inc. Income Statement Activate Windows Go to Settings to activate Windows OLHA 10:15 PM

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