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In its income statement for the year ended December 31, 2019, Sunland Company reported the following condensed data. Operating expenses $ 768,410 Interest revenue $

In its income statement for the year ended December 31, 2019, Sunland Company reported the following condensed data.

Operating expenses $ 768,410 Interest revenue $ 32,380
Cost of goods sold 1,338,000 Loss on disposal of plant assets 18,030
Interest expense 72,070 Net sales 2,422,500
Other comprehensive income 6,550

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(b) Prepare a single-step income statement. Sunland Company Income Statement $ > $ $

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