P 13-1 A. Income Statement Format The following information from Belvidere Company's current operations is available Cost of goods sold . . 464,000 Loss from operations of discontinued segment. . . . . . . . . . . . . .. Gain on disposal of discontinued segment . . . . . . . . . . . Income taxes Amount applicable to ordinary operations . . . . . . _ _ _ . . . . . .. Reduction applicable to loss from operations of discontinued Amount applicable to gain on disposal of discontinued . 16,000 Required a. Prepare a multiple-step income statement. (Disregard earnings per share.) b. Prepare a single-step income statement. (Disregard earnings per share)