In its income statement for the year ended December 31, 2020, Flounder Company reported the following condensed data.

Operating expenses		$759,720		Interest revenue		$29,970
Cost of goods sold		1,334,200		Loss on disposal of plant assets		15,910
Interest expense		71,270		Net sales		2,416,300
				Other comprehensive loss		8,700

Prepare a multiple-step income statement.