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INTERVEN Exercise 5-11 In its income statement for the year ended December 31, 2022, Cullumber Company reported the following condensed data. Operating expenses $ 710,000 Interest revenue $ 23,000 Cost of goods sold 1,246,000 Loss on disposal of plant assets 7,000 Interest expense 60,000 Net sales 2,190,000 Income tax expense 35,000 Other comprehensive income (net of $1,200 tax) 7,300 Prepare a multiple-step income statement Cullumber Company Income Statement For the Year Ended December 31, 2022 Net Sales 124600 Cost of Goods Sold Gross Profit 71000 a Operating Expenses Income From Operations Other Revenues and Gains Other Revenues and Gains Interest Revenue Other Expenses and Losses Interest Expense Loss on Disposal of Plant Assets Income before Income Taxes Income Tax Expense Net Income /(Loss) Prepare a comprehensive income statement. Cullumber Company Comprehensive Income Statement For the Year Ended December 31, 2022 Net Income / (Loss) Other Comprehensive Income / (Loss) - Other Comprehensive Income /(Loss)