The current year's statement of net income for Burnie's Bumpers, Inc. is presented below in a single-step format (Click the icon to view the income statement.) Requirement Prepare Burnie's Bumpers' income statement using a multiple-step format. Prepare Burnie's Bumpers' multiple-step income statement for the current year, one section at a time (List the subheadings in the order they are typically shown on a multiple-step income stateme Burnie's Bumpers, Inc. Statement of Net Income For the Year Ended December 31 X i - Income statement Burnie's Bumpers, Inc. Income Statement For the Year Ended December 31 Revenues and Gains Sales $ 200,000 Interest Income 550 940 4,700 7,000 Dividend Income Gain on Sale of Investment Securities Unrealized Gain on Trading Securities Total Revenues and Gains Expenses and Losses Cost of Goods Sold $ 913,190 40,000 34,000 30.000 3.100 2.600 25,000 20.000 Selling Expenses Sales Salaries Expense Advertising Expense Depreciation Expense-General Amortization Expense-General Office Salaries Expense Office Supplies Expense Loss on Asset Impairment Legal Fees-General Accounting Fees-General Interest Expense Income Tax Expense at 35% Total Expenses and Losses Income from Continuing Operations 3,800 2.100 4.700 8,000 243.582 (460.862) $ 452,328 3.445 Gain on Discontinued Operations-net of tax 455.773 Net Income *359 (5913, 190-5217,300) = 35% x 5695,890 = $243,562 Net Income Print Done Choose from anvliet or enter any number in the input fields and then continue to the neytucetinel