. Multiple-Step and Single-Step income Statement. Bluebird Prodacts, inc.provided the following inform tion from its current-year trial balance. Bluebird Products, Inc. Trial Balance For the Year Ended December 31 Account Debit Credit Common Stock (no par)-Beginning Balance $1.456,000 Retained Earnings-Beginning Balance 3,200,950 Accumulated Other Comprehensive Income-Beginning Balance 95,675 Dividends S 76,500 Sales 2,200,000 Interest Income 34,500 Dividend Income 12,300 Gain on Disposal of Plant Assets 100,500 Unrealized Gain on Trading Securities 86,000 Unrealized Gain on Available-for-Sale Bonds 45,600 Cost of Goods Sold 750,000 Selling Expenses 20,000 Office Supplies Expense 123,500 Sales Salaries Expense 55,000 68,900 Advertising Expense 78,500 Office Salaries Expense 10,425 Accounting and Legal Fees-General 44,550 Systems Consulting Fees-General 68,000 Depreciation Expense-General 34,500 Amortization Expense-General 23,750 Interest Expense 90,000 Loss on Discontinued Operations-Before Tax 12,350 Loss on Asset Impairment Required a. Prepare a single-step income statement for the year ended Dec b. Prepare a multiple-step income statement for the year ended December 31 ember 31, The tax rate is 40%