In its income statement for the year ended December 31, 2020, Cheyenne Corp. reported the following condensed data. Operating expenses $ 753,390 Interest revenue $ 30,920 Cost of goods sold 1,293,700 Loss on disposal of plant assets 16,420 Interest expense 72,600 Net sales 2,404,800 Other comprehensive income 6,970

Prepare a multi-step income statement