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please help with last 3 (marked wrong worh red Xs) Exercise 6-3 (Static) Prepare a multiple-step income statement and analyze profitability (LO6-2) Tisdale Incorporated reports

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Exercise 6-3 (Static) Prepare a multiple-step income statement and analyze profitability (LO6-2) Tisdale Incorporated reports the following amounts in its December 31, 2024, income statement Required: 1. Prepare a multiple-step income statement. 2. Indicate whether the statement "Tisdale Incorporated does not appear to have much profit-generating potential." is true or fals Answer is not complete. Complete this question by entering your answers in the tabs below. TISDALE INCORPORATED Multiple-Step incorne Statement. \begin{tabular}{|l|c|c|c|} \hline \multicolumn{2}{|c|}{ For the Year Ended December 31,2024 } \\ \hline Sales revenue & & 300,000 & \\ \hline Cost of goods sold & 190,000 & \\ \hline & & & \\ \hline Gross profit & & $0,000 & \\ \hline Selling expenses & 50,000 & \\ \hline General expenses & 40,000 & \\ \hline Administrative expenses & & \\ \hline & & & 110,000 \\ \hline Total operating expenses & & 150,000 \\ \hline Operating income (loss) & & 110,000) \\ \hline Nonoperating revenue & & 70,000 \\ \hline & & 30,000 \\ \hline & & 40,000 \\ \hline \end{tabular}

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