Multiple-Step and Single-Step Income Statements, and Statement of Comprehensive Income

On December 31, 2016, Opgenorth Company listed the following items in its adjusted trial balance:

Loss from fire (pretax)	$8,000		General and administrative expenses	$17,000
Interest revenue	2,500		Sales	160,000
Selling expenses	14,000		Unrealized decrease in fair value of
Cost of goods sold	95,000		available-for-sale securities	1,800
Loss on sale of equipment (pretax)	2,000

Additional data:

Seven thousand shares of common stock have been outstanding the entire year.

The income tax rate is 30% on all items of income.

Required:

1. Prepare a 2016 multiple-step income statement. Disregard EPS disclosure.