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Required information Exercise 6-3A Prepare a multiple-step income statement and analyze profitability (L06-2) [The following information applies to the questions displayed below.) Tisdale Incorporated reports

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Required information Exercise 6-3A Prepare a multiple-step income statement and analyze profitability (L06-2) [The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2021, income statement. Sales revenue Non-operating revenue Selling expenses General expenses $345,000 Income tax expense 119,000 Cost of goods sold 69,000 Administrative expenses 59,800 $ 39,000 199,000 49,000 Exercise 6-3A Part 1 Required: 1. Prepare a multiple-step income statement. (Losses should be indicated b TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2021 Sales revenue Cost of goods sold Gross profit es 0 Total operating expenses Operating income (loss)

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