Questions 16 - 17 (of 17) [The following information applies to the questions displayed below.] Tisdale Incorporated reports the following amount in its December 31, 2018, income statement. Sales revenue Non-operating revenue Selling expenses General expenses $ 265,000 Income tax expense 103,000 Cost of goods sold 53,000 Administrative expenses 43,000 $ 23,000 183,000 33,000 value: 1.76 points Required: 1. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) TISDALF INCORPORATED Required: 1. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.) TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2018 Total operating expenses Operating income (loss)