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In its income statement for the year ended December 31, 2022. Pina Colada Corp.reported the following condensed data. Operating expenses Cost of goods sold Interest
In its income statement for the year ended December 31, 2022. Pina Colada Corp.reported the following condensed data. Operating expenses Cost of goods sold Interest expense Income tax expense $ 723,000 1.259,000 74,000 49,000 Interest revenue Loss on disposal of plant assets Net sales Other comprehensive income (net of $1.200 tax) $36,000 20,000 2,202,000 8,600 Prepare a multiple-step income statement. Pina Colada Corp Income Statement For the Year Ended December 31, 2022 Net Sales $ $ Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Other Revenues and Gains Interest Revenue Other Expenses and Losses Interest Expense Loss on Disposal of Plant Assets Income before Income Taxes > Income Tax Expense Net Income /(Loss) $
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