Question 3 of 4 - /20 View Policies Current Attempt in Progress The following information was taken from Egeland Ltd's adjusted trial balance at July 31, 2020 Sales revenue Interest expense Cost of goods sold Utilities expense Depreciation expense Distribution expenses Administration expenses Advertising expense Interest revenue Income tax expense Dividends declared-Common shares Dividends declared-Preferred shares $2.789.000 43.000 1,345,106 16.000 215.000 411,000 279.000 67.000 19.000 75.000 27.000 16,494 Prepare a single-step statement of income for the year ended July 31, 2020 Egeland Ltd Statement of Income e Textbook and Media Question 3 of 4 - /20 Prepare a multi-step statement of income for the year ended July 21, 2020 Egeland Led Statement of Income e Textbook and Media List of Accounts Determine Egeland's poemarinerea for the year round to be place. $2.7%) Grouprot margin e Textbook and Media Ust of Accounts daniwito del pes 275 Esband had 78.000.common shares outstanding throughout the year, determine the company toucearning per there 1 eTextbook and Media