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loss from fire (pretax) 8,000Interest revenue Selling expenses Cost of goods sold Show Me How Loss on sale of equipment (pretax) $ 8,000 General and

loss from fire (pretax) 8,000Interest revenue Selling expenses Cost of goods sold Show Me How Loss on sale of equipment (pretax) $ 8,000 General and administrative expenses 2,500 Sales 14,000 Unrealized decrease in fair value of available-for-sale debt securities 95,000 2,000 Additional data: 1. Seven thousand shares of common stock have been outstanding the entire year. 2. The income tax rate is 30% on all items of income. Required: 2. Prepare a single-step income statement. 3. Prepare a statement of comprehensive income

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