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BUVU Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does The following is a partial trial balance for the Green Star Corporation as of December 31, 2021 Debits Credits 1,750, eee 42, eee 62, eee Account Title Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense 810, eee 220,000 87,000 52,000 142,000 There were 150,000 shares of common stock outstanding throughout 2021. Required: 1. Prepare a single-step income statement for 2021, including EPS disclosures. 2. Prepare a multiple-step income statement for 2021, including EPS disclosures. Prey 1 of 6 Next > earch my work mode : This shows what is correct or incorrect for the work you have completed so far. It do 1. Prepare a single-step income statement for 2021, including EPS disclosures 2. Prepare a multiple-step income statement for 2021, including EPS disclosures. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a single-step income statement for 2021, including EPS disclosures. (Round EPS answer to 2 deci GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2021 Revenues and gains: Sales revenue $ 1.750.000 Prev 1 of 6 Next > TUVOIR Saved For the Year Ended December 31, 2021 Revenues and gains: Sales revenue Interest revenue Gain on sale of investments >>> $ 1,750,000 42,000 62,000 1,854,000 Total revenues and gains Expenses and losses: Cost of goods sold Selling expense General and administrative expense Interest expense $ 810,000 220,000 87,000 52,000 1,169,000 Total expenses and losses Income hofere innma tavne AR5 Ann . o Tue LUN LUNdxternal_browser-launchUrl=https%253A M Gmail Mail: tnguy160 - O... Connect - To Do As... 252Fmymasonportal.gm Home - Blackboard Patriot Web - A Self... Syllabus - 202070.7... Chapter 4 Homework G Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does n. 1,854,000 S 16.66 Doints Total revenues and gains Expenses and losses: Cost of goods sold Selling expense General and administrative expense Interest expense 810,000 220,000 87,000 52,000 Total expenses and losses Income before income taxes Income tax expense Net income Earnings per share 1.169,000 685,000 142,000 $ 543,000 $ 3.62 Required: Required 2 > w Prev 1 of 6 Next > r 4 Homework a Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not in Prepare a multiple-step income statement for 2021, including EPS disclosures. (Amounts to be deducted should be with a minus sign. Round EPS answer to 2 decimal places.) GREEN STAR CORPORATION Income Statement For the Year Ended December 31, 2021 $ 1,750,000 810,000 940,000 Sales revenue Cost of goods sold Gross profit Operating expenses: Selling expense General and administrative expense 220,000 87,000 Total operating expenses Operating income Other innamn favnanent. 307,000 633,000 BU Prev 1 of 6 Next > search - Blackboard Patriot Web - A Self... M Gmail Mail - tnguy160 - O... Connect - To Do As... Bh Syllabus - 2020707 pter 4 homework & Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It Other income (expense): Interest revenue Gain on sale of investments Interest expense 42,000 62,000 (52,000) Total other income, net Income before income taxes 52,000 685,000 Net income Earnings per share $ 543,000 $ 3.62
