The following information is available for Wright Auto Supply at December 31. equirea: 1. Prepare a single-step income statement for the year ended December 31 . 2. Prepare a multiple-step income statement for the year ended December 31 . 3 more Check My Work uses remaining 3. Conceptual Connection: Comment on the differences between the single-step and the multiple-step income statements by answering "true or following: a. Both a single-step income statement and a yultiple-step income statement report the same amount for net income. b. A single-step income statement provides three important classifications that financial statement users find useful-gross margin, income from operations, and net income