The adjusted trial balance of Pacific Scientific Corporation on December 31, 2018, the end of the company's fiscal year, contained the following income statement items (S in millions): sales revenue, $2,106; cost of goods sold, $1,240; selling expenses, S126; general and administrative expenses, $105; interest expense, $35; and gain on sale of investments, $45. Income tax expense has not yet been recorded. The income tax rate is 40%. Prepare a single-step income statement for 2018 Ignore EPS disclosures BE 4-3 Multiple-step income statement LO4-1, LO4-3 Refer to the situation described in BE 4-1. Prepare a multiple-step income statement for 2018. Ignore EPS disclosures. BE 4-4 Multiple-step income statement LO4-1, LO4-3 The following is a partial year-end adjusted trial balance. Account Title Sales revenue Loss on sale of investments Interest revenue Cost of goods sold General and administrative expenses Restructuring costs Selling expenses Income tax expense Debits Credits 300,000 22,000 4,000 160,000 40,000 50,000 25,000 Income tax expense has not yet been recorded. The income tax rate is 40%. Determine the following: (a) operating income (loss), (b) income (loss) before income taxes, and (c) net income (loss)