[The following information applies to the questions displayed below.] A company reports the following amount In Its December 31, Year 1, Income statement. Sales revenue Non-operating revenue Selling expenses General expenses $315,00 113,000 63,89 53,000 Income tax expense cost of goods sold Administrative expenses $ 33,00 193,800 43, eee Required: 1. Prepare a multiple-step Income statement. (Losses should be Indicated by a minus sign.) Multiple-step Income Statement For the year ended December 31, Year 1 Total operating expenses Operating income (loss)