Share of income Loss of Associates Income Tax Expense Operating Profit Protitoas from Discontinued Operations not of taxes Profit from Continuing Operations A RE6.7. Single Step Statement of Net Income Carr Corporation provided the following partial-tral balance to the current year. Prepare a single-step income statement for the year ended December 31. Cart is subject to a 40 income tax rate. Credit $123,750 560 1.000 986 2.000 Carr Corporation Trial Balance (Selected Accounts) For the Year Ended December 31 Account Debit Dividends $ 1.345 Sales Dividend Income Interest Income Gain on Disposal of Plant Assets Unrealized Gain on Trading Investments Cost of Goods Sold 45,678 Office Supplies Expense 4,500 Sales Salaries Expense 3,570 Selling Expenses 12,000 Accounting and Legal Fees--General Expense 800 Advertising Expense 4,000 Office Salaries Expense 6,780 Depreciation Expense-General Expense 9,000 Interest Expense 2,100 1,840 Loss on Asset Impairment Lleine the information provided in BES-7, prepare a statement of net