Presented below is information related to London Imports, Inc. Sales revenue $2,800,000 Selling and administrative expenses 340,000 Loss on disposal of a component 30,000 Cash dividends declared on ordinary shares 42,600 Cost of goods sold 710,000 Gain resulting from selling of Machinery 280,000 Interest revenue 120,000 Interest expense 10,000 Unrealized Loss of stocks 8,000 Rent Revenue 28,000 Instructions A. Prepare in good form an income statement for the year 2015. There were 92,000 ordinary shares outstanding. There were 110,000 ordinary shares issued. You must itemize the components of the multiple step income statement as discussed in class and as illustrated in your text book. B. Prepare a comprehensive income statement using the two statement approach