The following information was drawn from the records of Toner Sales Company: Net sales Cost of goods sold Operating expenses Loss on the sale of land Required: Year 1 $ 74,000 (33,300) (8,880) Year 2 $ 74,000 (35,520) (19,240) (10,360) a. Prepare a multistep income statement for each year. TONER SALES COMPANY Multistep Income Statement For the Years Ended December 31, Year 1 and Year 2 Year 1 Year 2 b. Prepare a common size income statement for each year. TONER SALES COMPANY Common Size Income Statement For the Years Ended December 31, Year 1 and Year 2 Year 1 % Year 2 % % %