Required information [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 $305,000 111,000 61,000 51,000 Income tax expense Cost of goods sold Administrative expenses $ 31,000 191,000 41,000 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, 2021 Total operating expenses D