Prepare a single-step income statement. Current Attempt in Progress In 2022, Sheridan Company had net sales of $990,600 and cost of goods sold of $564,642. Operating expenses were $220,500, and interest expense was $12,000, Sheridan prepares a multiple-step income statement. (a) Compute Sheridan's gross profit. Gross profit eTextbook and Media List of Accounts Attempts 0 of 2 used In its income statoment for the year ended December 31, 2022, Pharoah Company reported the following condensed data