Question 1 Incomplete answer Marked out of 10.00 P Flag question Preparing a Single-Step and a Multiple-Step Income Statement The following selected items are taken from the adjusted trial balance of Amick Corp. at December 31, 2020. Sales revenue $380,000 Cost of goods sold 230,000 Dividends received on investment in stocks 2,600 Interest expense 1,680 Loss on sale of investments 19,200 Promotion expense 6,000 Shipping expense 10,000 Depreciation (50% selling 50% general and administrative) 8,000 Salaries (general and administrative) 32,000 Other general and administrative expenses 9,200 Salaries (selling) 34,120 Interest revenue 1,000 Income tax rate 25 Common stock 10,000 shares Required a. Prepare a single-step income statement (including earnings per share). Include income taxes in its own section b. Prepare a multiple-step income statement (including earnings per share). 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. Round the per share amount to two decimal places. b. Prepare a multiple-step income statement (including earnings per share). Amick Corp. Income Statement For the Year Ended December 31, 2020 e $ e Operating expenses Selling expenses $ 0 and administr expenses: 0 Total operating expenses Operating income 0 c)))))))) OOOO $ $ 0 Earnings per share Please answer all parts of the