Presented below is information for Sheffi eld Depot for 2022. Interest expense $ 28,500 Operating expenses $ 202,000 Interest revenue 40,000 Cost of goods sold 646,100 Net sales 923,000 Loss on disposal of equipment 4,000 Prepare a single-step income statement, a multiple-step income statement, and compute the gross profi t rate. (List other revenuesbefore other expenses. Round Gross profi t rate to 2 decimal places, eg. 25.20) SHEFFIELD DEPOT. Income Statement