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In its income statement for the year ended December 31, 2020, Sunland Company reported the following condensed data. Operating expenses $768,410 Interest revenue $32,380
In its income statement for the year ended December 31, 2020, Sunland Company reported the following condensed data. Operating expenses $768,410 Interest revenue $32,380 Cost of goods sold Interest expense 1,338,000 72,070 Loss on disposal of plant assets Net sales 18,030 2,422,500 Other comprehensive income 6.550 Prepare a multiple-step income statement. (List other revenues before other expenses. If there is a net loss then enter the amount using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Sunland Company Income Statement LA $
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