Preparing a Single-Step Income Statement The following information is from Atlanta Corp. for the 12 months ended December 31, 2020. Prepare a single-step income statement (excluding the earnings per share disclosures) assuming a tax rate of 25%. Report income tax expense in its own separate section. Account 2020 Sales revenue $ 2,000,000 Cost of goods sold 1,250,000 Selling and administrative expenses 375,000 Interest expense 12.500 Gain on sale of short-term investments 22,000 Enter revenues and gains and expenses and losses in the order of the largest dollar amount to the smallest dollar amount. Do not use negative signs with any of your answers. Atlanta Corp Income Statement For the Year Ended December 31, 2020 $ Total revenues and gains Total expenses and losses $