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In its income statement for the year ended December 31, 2020, Martinez Company reported the following condensed data. Operating expenses Cost of goods sold Interest

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In its income statement for the year ended December 31, 2020, Martinez Company reported the following condensed data. Operating expenses Cost of goods sold Interest expense $753,170 1,290,100 70,160 Interest revenue Loss on disposal of plant assets Net sales Other comprehensive loss $31,110 16,030 2,412,800 9,200 (a) Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) MARTINEZ COMPANY Income Statement $ $

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